Once India’s biggest private carrier, Jet stopped flying in April 2019 after running out of cash and was taken to a bankruptcy court by creditors who were owed about ₹180 billion ($2 billion). Creditors of India’s Jet Airways and the company’s new owners are deadlocked over a resolution plan to pull the airline out of […]
Continue ReadingA. M. Naik, Group Chairman, L&T and Chairman of LTIMindtree. File | Photo Credit: Paul Noronha The merger of Larsen & Toubro Infotech (LTI) and Mindtree received approval from National Company Law Tribunal (NCLT) and subsequently both the companies would be operating as a merged entity from November 14, 2022, said A. M. Naik, Group […]
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President of KCCI M. Ganesh Kamath writes letter to Union Minister for Finance Nirmala Sitaraman seeking amendment President of KCCI M. Ganesh Kamath writes letter to Union Minister for Finance Nirmala Sitaraman seeking amendment Kanara Chamber of Commerce and Industry (KCCI), Mangaluru has urged the Union government to amend the Insolvency and Bankruptcy Code, 2016 and include Micro, […]
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