The National Company Law Appellate Tribunal (NCLAT) has set aside the penalty imposed against lenders of debt-ridden Mudra Denim, saying there was no laxity on their part for delay in insolvency process. The Mumbai bench of the National Company Law Tribunal had, on November 11 last year, while deciding creditors’ plea seeking extension of deadline…
PC Jeweller Ltd on Sunday said that Punjab National Bank has given its approval for one-time settlement of its outstanding dues. In a regulatory approval, PC Jeweller informed that “Punjab National Bank, the third largest bank after State Bank of India amongst consortium banks of the company in terms of its exposure, has conveyed its…
NEW DELHI: Johnson & Johnson has agreed to a $700 million settlement to resolve an investigation by 42 US states and Washington, DC. The probe scrutinized the marketing of their baby powder and other talc-based products, linked to allegations of causing cancer.The agreement addresses accusations that Johnson & Johnson misled consumers regarding the safety of…
