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Top Stocks in Focus: Adani Total Gas, Newgen Software, YES Bank, Vodafone Idea and More

The domestic stock market concluded positively on Monday, with the Sensex surging by 1241 points to reach. ....

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Bankruptcy court approves listed firm J Kumar Infraprojects' bid for Pranav Construction

The tribunal, while setting aside the objection petition, observed that the successful bidder had offered a better plan as compared to the objector and more importantly, the committee of creditors, after keeping in mind all the factors such as feasibility and viability of the plan, has unanimously approved the plan. A total of 7,058 companies across sectors were brought into administration from the inception of the Insolvency and Bankruptcy Code in 2016 until September-end 2023, according to the latest data from the Insolvency and Bankruptcy Board of India. ....

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NCLT clears J Kumar infra's bid to buy Pranav Construction

J Kumar Infraprojects bid to acquire Pranav Construction Systems Pvt Ltd. in bankruptcy court approved. J Kumar Infraprojects to pay ₹45 crore for the acquisition of the real estate firm against its admitted liabilities of about ₹212 crore. Lenders approved the revival plan. Pranav Construction Systems is a manufacturer of fabrication and precast iron structures. J Kumar Infraprojects has constructed metro-rail projects in Mumbai, Delhi, and Ahmedabad. The resolution plan is binding on the corporate debtor, employees, members, creditors, guarantors, and stakeholders. ....

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Indian markets could see passive inflow of over $700 million in Feb, says Nuvama

As per the firm s calculations, BHEL, Punjab National Bank, Union Bank of India and NMDC could be added to MSCI Standard Index, bringing in fresh inflows ....

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Share Market Highlights 20 January 2024: Sensex and Nifty close lower in weekend trading

Share Market Highlights 20 January 2024: Sensex and Nifty close lower in weekend trading
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