Sunil Goel, second largest promoter of Omaxe Group, has filed a legal petition against elder brother and Omaxe CMD Rohtas Goel alleging mal-practices and financial mismanagement at the real estate company.
Reliance Power Chairman Anil Ambani today said the company is looking at inorganic growth through acquisition of stressed thermal coal-based projects.
Daiichi Sankyo has moved the National Company Law Tribunal (NCLT) to stay the insolvency proceedings against RHC Holding initiated by HDFC Bank.
Power Finance Corp (PFC) has filed an insolvency plea against Rattan India Power, formerly known as Indiabulls Power, in the National Company Law Tribunal (NCLT) to recover unpaid loans.
Telecom operator Vodafone Idea Limited will merge Aditya Birla Telecom Ltd, which holds 11.15 per cent stake in telecom infrastructure firm Indus Towers, with it. Vodafone Idea will directly have shareholding in Indus Towers.