Creditors to Smaaash optimistic about recovery of dues

August 4, 2022

Smaaash Entertainment Pvt Ltd (SEPL) was admitted by the Mumbai National Company Law Tribunal (NCLT) following a default of ₹292.4 crore to Edelweiss Asset Reconstruction Company. The company suffered losses since it was shut for 18 months during the Covid-19 pandemic, but revenues improved after the Covid-related restrictions were lifted.

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Bharti Airtel transfers 69.94% stake in Airtel Payments bank to Airtel Ltd

Bharti Airtel has transferred its entire 69.94 per cent stake in Airtel Payments Bank to wholly-owned subsidiary Airtel Limited, a regulatory filing said on Tuesday.

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Shruti Shibulal buys Infosys shares for Rs 469 crore

Shruti Shibulal, one of the promoters of Infosys, on Wednesday acquired additional shares of the IT firm for Rs 469 crore through an open market

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