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Rift among Jaypee promoters? Sunny Gaur resigns from board

NEW DELHI: Sunny Gaur, son of Jaiprakash Associates (JAL) founder and part of the promoter group, has resigned as a director of the beleaguered...

I-T relief on purchase of discounted shares of troubled companies

In a move to encourage more investors to participate in reconstruction schemes, including Yes Bank and others approved by National Company Law Tribunal or...

NCLT posts SBI, Anil Ambani case hearing to June 30

MUMBAI: A dedicated bankruptcy court has posted State Bank of India’s plea against Anil Ambani to June 30, in a case where the state-owned...