This petition comes at a time when the Telangana government is looking to raise funds from Japanese developmental organisations for various projects including the Hyderabad Metro Rail project’s extension.
The Court was hearing the petition filed by Leo Edibles & Fats, which had acquired certain assets of VNR Infrastructures under liquidation proceedings initiated by the Tribunal appointed liquidator TSN Raja.
“IKEA Retail India decided to move the date as it needs some more time to live up to its expected quality commitments towards customers and coworkers,” said Peter Betzel, CEO, IKEA Retail India.
The investigating agency has filed a FIR against Servomax India following a complaint filed by India’s largest state-owned lender State Bank of India, alleging around Rs 300 crore of fraud.
A bankruptcy court had given the Hyderabad-based company’s resolution professional (RP) time till July 10 (Tuesday) to submit a resolution plan.
The tribunal had then directed both company and its lenders to explore the possibility of commencing commercial operations instead of looking to winding up and liquidating the assets.
Telangana was carved out of Andhra Pradesh in June 2014, post the general election and after a long, violent struggle, of which KCR ended up being the political face
We are talking about alternative politics, not just winning elections. So we have to be careful about forging alliances, Kodandaram said.
Earlier Bengal CM Mamata Banerjee had skipped the Niti Aayog meeting. She has avoided the meetings thrice before in opposition to the Modi government’s policies.
Naidu, who pulled his Telugu Desam Party out of the BJP-led National Democratic Alliance in March this year, said neither the BJP nor the Congress would be able to get majority in the next election.
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