Subhash Chandra gets big relief from NCLT: Will give only ₹ 6.5 crore instead of loan of ₹ 22,006 crore, banks will have to bear the loss of 99.97%

Subhash Chandra gets big relief from NCLT: Will give only ₹ 6.5 crore instead of loan of ₹ 22,006 crore, banks will have to bear the loss of 99.97%

35 minutes ago copy link NCLT has approved the plan to settle the total debt of ₹ 22 thousand crore in the personal insolvency case of Zee Group founder Subhash Chandra for just ₹ 6.5 crore. Due to this, the lending banks and financial institutions will have to bear the loss of 99.97% of their…

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Government’s economic advisor said – E10 petrol should be started again: Gold increased by ₹ 1804 to ₹ 1.54 lakh, LPG e-KYC deadline extended to 23rd August.

Government’s economic advisor said – E10 petrol should be started again: Gold increased by ₹ 1804 to ₹ 1.54 lakh, LPG e-KYC deadline extended to 23rd August.

New Delhi1 hour ago copy link Yesterday’s big news was related to E-20 petrol. Government’s Chief Economic Advisor V. Ananth Nageswaran says that E20 petrol is causing damage to vehicles. Sale of E10 petrol should be restarted for old two-wheelers. At the same time, the prices of gold and silver increased today i.e. on 17th…

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Bombay High Court said- end Mallya-SBI dispute: This is having a bad impact on the country’s economy; Asked for details of assets from ED

Bombay High Court has now said to end the ongoing commercial dispute between fugitive businessman Vijay Mallya and banks. A single judge bench of Justice Milind Jadhav, while hearing Mallya’s petition, said that if both the parties do not move ahead with this dispute, it will have a direct and negative impact on the country’s…

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Muthoot Fincorp will bring IPO of Rs 3 thousand crore: DRHP deposited with SEBI, entire money will be raised by issuing new shares.

Muthoot Fincorp is bringing an IPO of ₹3,000 crore. For this the company has filed DRHP with SEBI. The funds raised from the IPO will be used to meet future capital requirements, provide further loans and expand the business. According to the draft papers submitted by the company on Wednesday, this IPO will be a…

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Muthoot Fincorp files IPO of Rs 3,000 crore: The entire amount will be raised by issuing new shares to strengthen the capital base.

Muthoot Fincorp Ltd has filed draft papers with SEBI to raise Rs 3,000 crore through IPO. According to the draft red herring prospectus filed on Wednesday, the IPO will consist entirely of issuance of new equity shares. This capital will be used to meet future capital needs, provide further lending and support the growth and…

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