TRAI sticks to its stance on 15-day time-bound nod for demo licences; rejects DoT's views

TRAI has stuck to its stance that short duration 'demonstration' licences be granted within a maximum period of 15 days as part of ease of doing business in the sector, rejecting Telecom Department's arguments that the recommended time period may not be sufficient.

NCLAT stays voting by Bhushan Power & Steel lenders on finalising bids

Jul 17 2018

NCLAT today stayed the meeting of Committee of Creditors of Bhushan Power and Steel Ltd to vote on finalisation of bids of the debt-ridden firm.

JSW Steel to focus on inorganic & organic growth: Sajjan Jindal

Jul 15 2018

Leading integrated steel manufacturer JSW Steel is looking at inorganic growth in both domestic and international markets as well as organic growth, to steer the company on its growth path, company chairman and managing director Sajjan Jindal said.

NCLT allows 16 days to examine Thriveni's revised offer for Lanco Infratech

Jul 13 2018

The National Company Law Tribunal today extended the deadline by 16 days to facilitate the Committee of Creditors of Lanco Infratech to examine the revised resolution plan submitted by Thriveni Earthmovers, a Tamil Nadu-based infra and mining firm.

No merit in Mistry's charges against Tata Sons, Ratan Tata: NCLT

Jul 13 2018

The National Company Law Tribunal, which dismissed Cyrus Mistry's petition against Tata Sons earlier this week, has held that all the allegations made by the former chairman against Ratan Tata, Tata Sons and group companies are devoid of merit.

Tata-Mistry feud: NCLT says chairman doesn't enjoy a free hand; board not at his beck and call

Jul 12 2018

The National Company Law Tribunal (NCLT), which upheld the removal of Cyrus Mistry as chairman of Tata Sons, said an executive chairman does not enjoy a free hand and that he also cannot assume that majority shareholders and the board would be at his "beck and call".

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