"The company would be unable to service its obligation in respect of the interest of non-convertible debenture due on January 19," the company said in a BSE filing.
The song, released 3 years back, has more than 2 billion views till date.
The company has already initiated the process of getting approval and has already initiated integration teams, said HUL Chief Financial Officer Srinivas Phatak.
These products had generated $76.4 million in combined sales during the first nine months of 2018.
Section 29 (A) of the IBC deals with related-party provisioning and aims to prevent defaulting promoters from taking back their companies.
The sole reason quoted for the airline's success is the happiness of its employees, who are known to be one of the most productive and motivated workforces in the world.
The board of the bank, in its meeting held on Thursday, also approved raising Rs 500 crore from tier-II bonds.
The new routes are due to be transferred over from sister airline, SilkAir, and Scoot will be the only airline operating direct non-stop flights from Trivandrum and Visakhapatnam to Singapore, the company said in a release.
de Juniac during a media interaction on the sidelines of the just-concluded Global Aviation Summit, also said the airlines in Asia, particularly in India have balance sheet with heavy debt, which is a "problem".
According to the legal notice served at the search engine's Bengaluru office, the company said it has found that unknown persons have created fake websites and e-mails in the name of Amul.
The growth is expected to come from healthy volume growth in two-wheelers, commercial vehicles and tractor segment until November last year.
Mukherjea said it is unlikely that the government will meet the 3.3 percent fiscal deficit target and so whoever comes to power in July will have to do fiscal belt tightening.
The facility, which will be utilised for the company's powertrain business, is scheduled to begin production by early 2020.
Flipkart Plus users will also receive early access to the sale.
Total returns from 44 listed non-bank PSU stocks were a mere 3 percent annual growth over the last five years. While the metrics may seem attractive, the returns call for caution.
The airline needs to make payment on Rs 200 crore loan by February 13, part of the overall Rs 1,700 crore that is due by March
The company will use the proceeds to buy and turn around stressed assets with viable business models and potential of generating cash flows, said Rashesh Shah, Chairman and Chief Executive Officer, Edelweiss Group.
Here's a roundup of the key happenings in the commodities market, with a deep dive into some of the most active counters
A source at German group Siemens said Brussels had posed "insurmountable" demands for concessions that the groups would not make.
Sakshi Batra gets in conversation with Priyanka Sahay to understand how will the new norms reduce the hassle of the startups
Ola Money Postpaid that offers a 15 day credit line, is at present being used by more than 10 per cent of the cab aggegator's customers and 90 per cent of the early adopters have used the offering more than once, it said in a statement.
"The component manufacturing target of Rs 50,000 crore which was to be achieved by March 2020 has already been achieved.
Jain was addressing a press conference to announce a public issue of secured and unsecured non-convertible debentures by IIFL.
"During the first three quarters of 2018-19, ECL has achieved 32.9 million tonne against an achievement of 28.1 million tonne in the same period last year, thereby attaining a...growth of 17.2 per cent in coal production," ECL said in a statement.
The regulator initiated adjudication proceedings against Religare and sent a notice in July 2018 alleging that the company failed to disclose the information with regard to trading in the scrip of Religare Enterprises by its chairman Sunil Godhwani to the exchanges within stipulated time and, hence, alleged to have violated the PIT (Prohibition of Insider Trading) norms.