Reliance Communications shares in demand; end 7 percent up

May 31 2018

The stock surged 19.14 per cent to Rs 20.85 in intra-day trade, but later trimmed most of the early gains to settle at Rs 18.70, up 6.86 per cent on BSE.

Reliance Communications shares in demand; soar 20%

May 31 2018

Shares of Rcom surged 20%, after NCLAT stayed bankruptcy proceedings against the company after it agreed to pay Rs 550 crore to Ericsson to settle a payment dispute.

RCom, Ericsson reach settlement on outstanding dues

May 30 2018

NCLAT in New Delhi has asked RCom to pay Ericsson 5.5 billion rupees ($81.52 million) by end-September as part of the settlement.

NCLAT allows Vedanta to make upfront payment for Electrosteel

May 30 2018

NCLAT allowed Vedanta Ltd to make an upfront payment of Rs 5,320 crore to lenders for acquisition of Electrosteel Steels.

NCLAT asks Tata Steel if it will pay dues of Bhushan Steel

May 30 2018

Company law appellate tribunal today asked Tata Steel if it will clear the statutory dues like income tax and GST of Bhushan Steel.

RCom offers Rs 500 cr to Ericsson, NCLAT for amicable settlement

May 29 2018

RCom offered an upfront payment of Rs 500 cr to its operational creditor Ericsson, which has got an insolvency order against the Anil Ambani group firm.

India's bankruptcy appeal court defers RCom-Ericsson case hearing

May 29 2018

India’s bankruptcy appeals court delayed a hearing of Reliance Communications’ (RCom) plea seeking to overturn insolvency proceedings against the company to Wednesday.

RCom plea against insolvency to be heard by NCLAT on Tuesday

May 28 2018

The NCLAT will hear the plea of RCom which has challenged NCLT's decision to start insolvency proceedings against it on a petition by Ericsson.

Lenders move NCLAT for early hearing in Essar Steel case

May 25 2018

Essar Steel lenders have moved NCLAT seeking an early hearing of appeals filed by suitors for the insolvency-bound firm.

Go ahead with selection of bids: NCLAT to Bhushan Power & Steel

May 24 2018

NCLAT asked CoC of Bhushan Power & Steel to proceed with the bids submitted by Tata Steel and UK-based Liberty House.

Indian Markets


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Stocks In News



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Approved Bonus Issue Of 1:2; Record Date At June 27


Arm Buys Under-Construction Asset For Rs 234 Cr In Indore At Auction

Brownfield Acquisition To Add Approx. 1.1 Mn Sq. Ft. To Co's Retail Portfolio


Co In Pact To Buy 95% Of Climate Tech Pty, Australia

Deal Size Stands At Rs 201-211 Cr In Valuation


JLR Investor Presentation:

Have Exciting Products, Plans In The Pipeline To Generate Sustainable Growth

Aiming For A 4-7% EBIT Margin Over Medium Term, Will Invest 4.5 Bn GBP In FY19-21

Aiming For A 7-9% EBIT Margin Over Long Term

Long Term Investment Pegged At 12-13% Of Revenue

Retail Volume Grew By 1.7% & Revenue Grew By 6% In FY18

Also Launched Jaguar I-Pace As Co's First All Battery Electric Vehicle


To Set Up 5 Lk KL/Annum Plant At Visakhapatnam For Rs 1,785 Cr

To Set Up 6 Lk KL/Annum Plant In Mysore For Rs 2,300 Cr

Co's International Business Did Not Perform Well In FY18

Economy & Inflated Currency Hit Co's Egyptian Operations


To Launch Generic Tadalafil After Filing ANDA With USFDA


Sterile Drug Product Manufacturing Facility In Bengaluru Receives EIR From USFDA

USFDA's Pre-Approval & Inspection Of Facility Done In April & May 2018

EIR Notifies That The Inspection Stands Closed

Co Committed To Global Standards Of Quality & Compliance


Dr Reddy's Loses Patent Case With Eli Lilly Over Alimta

Co Cannot Launch Its Alternative Salt Forms Until The Eli Lilly Patent Expires

The U.S. District Court For The Southern District Of Indiana Ruled In Favour Of Lilly

The Eli Lilly Patent Expires In May 2022

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