The National Company Law Tribunal (NCLT) in Kolkata has blocked a petition from Central Bank of India that would have allowed insolvency proceedings against Simplex Infrastructures. The engineering company remains in debt to government agencies and contractors, with some payments mired in arbitration. The debt could potentially allow Simplex to pay back creditors, according to the judgment.
Bharti Airtel Q4 Preview: PAT may jump up to 226% YoY on robust ARPU. Up to 35% revenue uptick seen
Bharti Airtel is set to reveal its Q4FY25 earnings on May 13. The telecom giant anticipates a significant surge in year-on-year profit. This growth is