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WinZO slams Paytm’s ₹3.6 cr plea as pressure tactic

Online gaming platform WinZO has hit back at Paytm’s parent One97 Communications after the fintech firm moved the National Company Law Tribunal (NCLT) seeking to initiate insolvency proceedings over an alleged non-payment of ₹3.6 crore for advertising services. Calling the move a “pressure tactic,” WinZO said it was “unfortunate” that Paytm had escalated what it…

Adani offer rated highest by lenders

The Committee of Creditors (CoC) of Jaiprakash Associates Ltd (JAL) recently reviewed the final resolution plans submitted by five interested bidders and is expected to vote on the selected plan within the next two weeks. According to sources, Adani Enterprises Ltd?s proposal to make full payments to lenders within two years has been rated higher…

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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…