Try GOLD - Free
NCLAT restores RP in HNG case
Mint Ahmedabad
|July 14, 2025
The insolvency appellate tribunal National Company Law Appellate Tribunal (NCLAT) has set aside National Company Law Tribunal's (NCLT) direction to change the resolution professional (RP) of debt-ridden Hindusthan National Glass Industries (HNG) and asked it to take a decision on the bids as per the Supreme Court's directions.
-
A three-member NCLAT bench gave a go-ahead to the Kolkata Bench of the NCLT to decide on the approval of bids for Hindusthan National Glass Industries in accordance with the directions passed by t
This story is from the July 14, 2025 edition of Mint Ahmedabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Ahmedabad
Mint Ahmedabad
‘Mutual fund boom reflects a structural shift in savings’
MFs are evolving from niche investments into mainstream savings, set to rival bank deposits
3 mins
February 19, 2026
Mint Ahmedabad
FedEx plans ₹2,500-cr cargo hub at NMIA
FedEx will invest ₹2,500 crore to build a 300,000 sq. ft air cargo hub at billionaire Gautam Adani’s newly operational Navi Mumbai International Airport (NMIA), the company said on Wednesday.
1 min
February 19, 2026
Mint Ahmedabad
Maruti's EV foray
This week, Maruti Suzuki India launched eVitara, its first electric vehicle (EV) offering.
1 min
February 19, 2026
Mint Ahmedabad
Can a data centre boom catapult us to Al glory?
A proliferation of data centres may serve some purposes but we can't expect it to make much of a difference to India's cause of emerging as a sovereign player in artificial intelligence
2 mins
February 19, 2026
Mint Ahmedabad
Dr Reddy's plans to launch Wegovy rival
Fifty to 60% (lower than the innovator) is very comfortable, says Dr Reddy's
1 min
February 19, 2026
Mint Ahmedabad
India-UK task force to boost wind capacity
Union minister for new and renewable energy Pralhad Joshi and David Lammy, the deputy prime minister of UK, launched a task force for the development of offshore wind energy in India on Wednesday.
1 min
February 19, 2026
Mint Ahmedabad
Blackstone, Actis, others eye bids for Welspun green arm
Global private equity majors and strategic infrastructure investors including Macquarie, Actis, Blackstone and Sembcorp are preparing to bid for a controlling stake in Welspun Group's clean-energy arm, Welspun New Energy, at a valuation higher than was estimated just three months ago, people familiar with the development said.
1 min
February 19, 2026
Mint Ahmedabad
Ola's changing tunes shake investor trust
Ola Electric Mobility Ltd’s ever-changing commentary on every aspect of the business has left industry observers and analysts questioning the company’s future.
1 min
February 19, 2026
Mint Ahmedabad
What's behind investor interest in BOT?
Reworked concession terms, stronger traffic growth, and falling yields on operational assets are nudging long-term capital back towards construction-linked road bets.
1 mins
February 19, 2026
Mint Ahmedabad
A demographic crisis looms if the world fails in its response
We need jobs for the billion-plus who will soon enter the workforce
3 mins
February 19, 2026
Listen
Translate
Change font size