Bank of India would be able to realise around Rs 1993 cr from the first successful NCLT resolution concerning Tata Steel and Bhushan Steel, an official said.
Shares of RCom bounced back sharply, skyrocketing nearly 57 per cent amid reports of settlement talks with Ericsson.
The stock fell sharply by 15.26 per cent to end at Rs 10.55 on BSE. Intra-day, it dropped 20 per cent to Rs 9.95.
NCLT today approved Tata Steel's bid for debt-ridden Bhushan Steel.
Metals and mining giant Vedanta Ltd today said it has got the go-ahead from fair trade watchdog CCI to acquire the bankrupt Electrosteel Steels Ltd.