The National Company Law Appellate Tribunal (NCLAT) rejected Rajagopal’s Rs 423-crore plan on the grounds that it was revised after a majority of lenders voted on it, but the revised plan was not put before lenders for a vote.
S&P 500 futures sank over 3.5% while contracts on the Nasdaq 100 slid 4.5%. Shares in Australia, Japan and South Korea tumbled at the open
Manappuram Finance surged 17% in a month as Bain Capital’s Rs 4,385 crore investment boosts governance and growth prospects. Analysts upgrade stock, expecting expansion in
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