In this process, “lenders, as well as shareholders, would anyway have to take a haircut for their respective debt/ and equities,” IL&FS said | File image IL&FS group has approached the NCLAT to seek permission to sell its stake with a “haircut” and without shareholders’ approval in its companies, which are insolvent with unsustainable… Continue reading IL&FS seeks NCLAT nod to sell insolvent companies with haircut, without shareholders’ approval | Company News
Tag: seeks
Donald Trump seeks recusal of judge, change of venue in January 6 case
Former United States President Donald Trump claimed that there is “no way” he will get a fair trial over the 2020 election fraud case, that he faces, and called for moving the case to a different venue and a different judge to oversee the federal case, New York Post reported. “NO WAY I… Continue reading Donald Trump seeks recusal of judge, change of venue in January 6 case
Reliance seeks shareholder nod to appoint Ambani as head for another 5 yrs
Reliance Industries Ltd, India’s most valuable company, has sought shareholder’s approval to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 — a period during which he has opted to draw nil salary. Ambani, 66, will cross the company law-mandated 70 years age for the chief… Continue reading Reliance seeks shareholder nod to appoint Ambani as head for another 5 yrs
Delhi Police seeks information of Northeast residents to enhance safety
The police officer requested the residents to fill up a “Google form” made available in the SPUNER’s social media handles. Also, the “Google form” link is being circulated through social media, community and student leaders, officials said The Special Police Unit for North East Region (SPUNER) under Delhi Police has launched a drive and… Continue reading Delhi Police seeks information of Northeast residents to enhance safety
Telangana Guv seeks clarity on bill to absorb RTC staff as govt employees
Telangana Governor Tamilisai Soundararajan on Saturday sought clarifications from the BRS government on a draft bill meant for absorption of state Road Transport Corporation employees into government service. Amid concerns expressed by the TSRTC staff that the bill should be passed in the ongoing assembly session, she assured them of safeguarding their interests.… Continue reading Telangana Guv seeks clarity on bill to absorb RTC staff as govt employees
Trai seeks views on spectrum allocation for aircraft-to-ground data comm
Telecom regulator Trai on Friday issued a supplementary consultation paper to seek stakeholders’ views on provision of licence and spectrum allocation methods for data communication between aircraft and ground stations. The Telecom Regulatory Authority of India (Trai) has floated a consultation paper on “Data Communication Services between Aircraft and Ground Stations for services… Continue reading Trai seeks views on spectrum allocation for aircraft-to-ground data comm
Cong MP moves adjournment notice in LS, seeks discussion on China border
Congress MP Manish Tewari on Friday gave an adjournment motion notice in the Lok Sabha to discuss the border situation with China. In his letter to the Secretary-General, Lok Sabha, Manish Tewari said, “I hereby give notice of my intention to ask for leave to move a motion for the adjournment of the… Continue reading Cong MP moves adjournment notice in LS, seeks discussion on China border
Commerce dept seeks Centre’s nod for US-led IPEF ‘supply-chain’ agreement
The Commerce Department has sought the Union Cabinet’s approval for the United States-led Indo Pacific Economic Framework’s (IPEF) ‘supply-chain’ agreement, according to informed sources. “The legal vetting process of the supply chain pillar’s text is now complete. The full text, along with the texts of all four pillars under the IPEF, will be… Continue reading Commerce dept seeks Centre’s nod for US-led IPEF ‘supply-chain’ agreement
FTX draft bankruptcy plan seeks cash repayment, FTT wipeout: Report
FTX Group unveiled a draft creditor-repayment plan as part of its bankruptcy that calls for settling customer claims in cash and wiping out its digital token FTT. The plan — which FTX expects to amend based on feedback from stakeholders — proposes valuing customer claims in US dollars as of the date it… Continue reading FTX draft bankruptcy plan seeks cash repayment, FTT wipeout: Report
Haryana govt seeks 20 RAF companies to maintain law and order in Nuh
Haryana government has sought 20 companies of the Rapid Action Force from the Centre for a week to maintain the law and order situation in Nuh district. In a communication to the Union home secretary, Haryana’s Additional Chief Secretary (Home), T V S N Prasad, sought 20 companies of the RAF “urgently” for… Continue reading Haryana govt seeks 20 RAF companies to maintain law and order in Nuh