NCLAT dismisses IT dept plea against Reliance Jio

The NCLAT has dismissed petitions filed by the Income Tax Department, which raised objection over the approval granted to Reliance Jio Infocomm scheme to hive off its fiber and tower business into two separate units. Continue Reading

Videocon Industries loses Rs 6,760 crore

Videocon is under corporate insolvency resolution process under the Insolvency and Bankruptcy Code and since September its affairs, business and assets are being managed by resolution professional Abhijit Guhathakurta. Continue Reading

NT compiles a list of major financial crimes that shocked India

Ever since Punjab and Maharashtra Cooperative Bank (PMC Bank) crisis unfolded, citizens across India are worried by the mounting financial stumbles that have plagued our nation as our economy continues to stumble downward. In this article, News Today compiles a list of major white-collar crimes that rocked our country. Continue Reading

NCLT approves Monsanto, Bayer merger

In June 2018, German chemical and pharma major Bayer AG had announced completion of the $63 billion mega-deal to acquire US-based biotech major Monsanto to create the world’s biggest agro-chemical and seed company. Continue Reading