India News: The National Company Law Tribunal has ordered the initiation of insolvency proceedings against Jaiprakash Associates Ltd (JAL). This action comes six
Engine Lease Finance BV, an aircraft engine lessor of SpiceJet, has moved an insolvency plea before the NCLT against the debt-ridden air carrier over non-payment of over $12 million (around Rs 100 crore). Engine Lease Finance has leased eight engines to SpiceJet. Along with interest and rental, ELF has claimed an amount of around $16 million.
Anil Ambani's Reliance Capital buyer is looking to borrow Rs 7500 crore, however it is facing pricing challenges with various credit funds as they are demanding higher rates.
Hinduja group firm IIHL gets Irdai nod on Rs 9,650-cr RCAP acquisition deccanchronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanchronicle.com Daily Mail and Mail on Sunday newspapers.
Reliance Capital takeover: Hinduja s IIHL gets regulator nod for Rs 9,650-crore buy Here s what happens next businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.