The Supreme Court allowed ArcelorMittal to complete its acquisition of Essar Steel India Ltd. by setting aside NCLAT’s order that gave secured and unsecured creditors equal right over sale proceeds.
The National Company Law Appellate Tribunal ordered that no lender can declare its exposure to embattled IL&FS Group as non-performing without its permission.
Many offices in Telangana have asked their employees to work from home because of heavy rainfall, but it has become impossible due to the internet outages.
The new law, which the government has framed as a moral duty, forced major platforms like Dream11 & Zupee to shut operations, wiping out hundreds of crores in market capitalisation.
The Navy has always been on board with the theaterisation plan, but the Air Force feels splitting up air assets into several theatre commands is futile & will tie up critical systems.
Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.
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