Dishnet Wireless

Hearing petitions from the two Chennai-based group companies, Justice T Raja directed the I-T department to keep in abeyance the March 31 proceedings consequent to the demand notices issued on March 2 till the disposal of their applications for bankruptcy pending before the National Company Law Tribunal (NCLT) bench.

Reliance Communications-Aircel deal gets CCI nod

Reliance Communications today said it has received approval of the Competition Commission of India (CCI) for the demerger of its wireless division into Aircel Ltd and Dishnet Wireless Ltd.

Reliance Communications rises 5% on wireless biz demerger approval

The company has filed an application with National Company Law Tribunal (NCLT), Mumbai Bench, for approval of the said scheme

India Inc raises $3.33 bn in June through ECBs, FCCBs

India Inc raised over USD 3.33 billion from overseas markets in June through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs), the Reserve Bank said.