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April 9, 2024
State-backed Bad Bank set to begin operations in January second week : Rashtra News #Statebacked #Bad #Bank #set #operations #January #week The long-awaited state-sponsored bad bank is set to kick off its business from the second week of January just in time for the banking industry to dress up its balance sheet as the fiscal
August 24, 2023
The bankruptcy court has approved Ramkrishna Forgings bid to acquire JMT Auto, a subsidiary of the Amtek Group, through the corporate insolvency resolution process. Ramkrishna Forgings will offer ₹125 crore to acquire JMT Auto, which has admitted financial liabilities of over ₹165 crore. This acquisition is seen as a positive development in the manufacturing sector and may lead to more acquisitions through the Insolvency and Bankruptcy Code (IBC).
September 7, 2022
The Supreme Court on Monday issued notice on a plea claiming glaring inaction by central agencies - the CBI, the ED, and the SFIO -- into the alleged criminal theft and money laundering of Rs 12,800 crore from over 27 public,
September 6, 2022
The Supreme Court on Monday issued notice on a plea claiming glaring inaction by central agencies - the CBI, the ED, and the SFIO -- into the alleged criminal theft and money laundering of Rs 12,800 crore from over 27 public, government and listed banks by Amtek Auto Ltd (AAL) and its promoters, directors, beneficiaries, and key managerial personnel through an elaborate system of over 127 related parties and several benaamidars.
September 6, 2022
The Supreme Court on Monday issued notice on a plea claiming glaring inaction by central agencies - the CBI, the ED, and the SFIO -- into the alleged criminal theft and money laundering of Rs 12,800 crore from over 27 public,
September 5, 2022
The petition has been filed by advocate Jaskaran Singh Chawla through advocate Sameer Srivastava. A be
September 5, 2022
The petition has been filed by advocate Jaskaran Singh Chawla through advocate Sameer Srivastava. A be
September 5, 2022
The Supreme Court on Monday issued notice on a plea claiming glaring inaction by central agencies - the CBI, the ED, and the SFIO -- into the alleged criminal theft and money laundering of Rs 12,800 crore from over 27 public, government and ...