The promoter and promoter group of the company have confirmed they will subscribe to the full extent of their aggregate rights entitlement.In addition, they will also subscribe to all the unsubscribed shares in the Issue

However, the notification doesn't explicitly state whether two-wheeler taxis and shared vehicles operated by the like of Bounce, Yulu, and VOGO would be allowed 4 May onwards.Meanwhile, in green zones public transport buses can operate at 50% capacity

IBBI has already said the lockdown imposed by the government will not be reckoned in the resolution timeline.Since its inception, the IBC process has been mired in last-minute litigations with promoters trying hard to retain control of their firms

Reliance is raising funds at a breakneck pace as it attempts to cut its debt and secure its capital needs amid a sharp downturn in the global economy.Silver Lake is a major technology investor, with over $40 billion in combined assets under management and committed capital

These customers are those who have deposited more than ₹5 lakh in their accounts .RBI cancelled the bank's licence citing its highly adverse financial position

Over 3,500 coaching centres across 70 cities and towns in India use the platform, says Classplus, which was launched in 2018

The company relied on RBI moratorium of three months on payment of instalments of all term loans outstanding between 1 March and 31 May

Sequoia India launches a microsite to serve as a resource for founders and their teams during the challenging months ahead.The impact of covid-19 can be seen on Indian startups, with several unicorns including Udaan, OYO and Swiggy laying off and furloughing their permanent and contractual staff

While Paytm is looking to equip kiranas with a tech ecosystem, Swiggy has on-boarded several on its platform

This is the phase two of the Modernisation of Airfield Infrastructure programme, the ministry said