NCLAT, however, gave HSBC Daisy liberty to approach again with its contempt plea against the officials of Reliance Infratel
1 min read2 Jan 2019Reliance Infratel says in order to evade initiation of proceedings under insolvency code and liquidation, it decided to sell its tower and fibre assets to Reliance Jio
1 min read8 May 2018NCLAT also recalled its 6 April interim order partially allowing Reliance Infratel to execute its Rs25,000 crore asset sale programme with Reliance Jio, after the said order was stayed by the SC
1 min read18 Apr 2018Reliance Communications plea in the SC seeks a stay on Bombay HC and NCLT orders barring it from selling its wireless assets to Reliance Jio
1 min read19 Mar 2018HSBC Daisy-led investors have argued that Reliance Infratel would become defunct after the RCom-Reliance Jio deal as it would not have any assets left
3 min read8 Mar 2018The move comes after HSBC Daisy Investments (Mauritius), a minority shareholder in Reliance Infratel, approached NCLT seeking redress
2 min read21 Feb 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared