Category Archives: Business

NCLT initiates insolvency proceedings against OYO subsidiary; company files appeal

NCLT initiates insolvency proceedings against OYO subsidiary; company files appeal Group CEO Ritesh Agarwal in a tweet termed the text message circulating with claims of OYO having filed for bankruptcy as ‘absolutely untrue and inaccurate’ Representational Image. CNBC-TV18 New Delhi: The National Company Law Tribunal has directed to start insolvency proceedings against OYO Hotels… Read More »

Market Roundup: Nifty, Sensex snap three-day winning streak as banks, finance stocks slide; today’s top gainers and losers

Market Roundup: Nifty, Sensex snap three-day winning streak as banks, finance stocks slide; today’s top gainers and losers After a fluctuating session, the 30-share BSE Sensex ended 154.89 points or 0.31 percent lower at 49,591.32 while the broader NSE Nifty slipped 38.95 points or 0.26 percent to 14,834.85 Both the benchmark indices ended negative on… Read More »