NewsBrief For Tuesday – February 28

Here are some of the key news highlights from various sources:

• India Watch List For Tuesday - February 28

• Indiabulls Real Estate Managing Director Mehul Johnson Resigns

• NCLT Admits Insolvency Plea Against KLT Group Affiliate Colour Roof

  – The Corner Office Journal

• Authum Investments Says Ready To Acquire Reliance Home Finance By End-March

• India Makes Registration Mandatory For Vendors With Links To Firms In Neighboring Countries

  – The Economic Times

• Zee Entertainment Back To F&O Segment After NCLAT Relief On Insolvency

• Wipro Restructures Business Into Four Segments To Align With Clients’ Needs

  – BQ Prime

• Fabindia Cancels IPO Due To Unfavorable Market Conditions

  – The Hindu Business Line

• NCLAT Upholds Adani Power Bid For Korba West Power; Directs Shapoorji Pallonji To Seek Arbitration

  – Press Trust of India

• Former SREI Entities’ Promoter Asks NCLT To Set Aside Insolvency Order

• NFRA Plans To Ask Auditors Of Large Firms To Retain Records In Entity DigiLocker

  – The Financial Express

• Lenders Make Biggest Progress In Reversing Dubious Pre-Bankruptcy Transactions

  – Mint

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