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May 22, 2023 in Indian Business News

NCLAT upholds NCLT order allowing Go First’s voluntary insolvency proceedings

Premiums.in Editor 0 Like Post Comments Off on NCLAT upholds NCLT order allowing Go First’s voluntary insolvency proceedings

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) on Monday upheld an NCLT order allowing crisis-hit Go First's voluntary insolvency resolution proceedings.A two-member NCLAT bench asked ...

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May 21, 2023 in Indian Business News

Blackstone acquires International Gemological Institute for $535 million

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MUMBAI: In a landmark transaction with significant ties to India, Blackstone, the world's largest alternative asset manager, has acquired the International Gemological Institute (IGI) for $535 million ...

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May 19, 2023 in Indian Business News

RBI withdraws Rs 2,000 notes, but they remain legal tender

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MUMBAI: The Reserve Bank of India (RBI) on Friday announced the withdrawal of the Rs 2,000 banknote from circulation with the public being "encouraged" to deposit or exchange the notes at bank branche ...

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May 19, 2023 in Indian Business News

Value of defence production crosses Rs 1 lakh crore mark in FY 2022-23

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NEW DELHI: For the first time, the value of India's defence production has crossed Rs one lakh crore mark in the financial year 2022-23, the defence ministry said on Friday. The value of total defence ...

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May 18, 2023 in Indian Business News

Montana to become first US state to ban TikTok

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Montana Governor Greg Gianforte on Wednesday signed legislation to ban Chinese-owned TikTok from operating in the state to protect residents from alleged intelligence gathering by China, making it the ...

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May 16, 2023 in Indian Business News

PESB leaves next IOC chief’s choice to oil min

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NEW DELHI: The government headhunter, PESB, on Tuesday interviewed 10 candidates for the post of IndianOil Corporation chairman but did not recommend anyone. Instead, it “advised” the oil ministry to ...

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