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SumanSpeaks Capital Markets & Geopolitical Intelligence  ·  Estd 2006   Insolvency Law · Corporate Accountability When the Law Works Exactly as Designed — And Still Feels Wrong ₹22,006 crore in personal guarantees. Settled for ₹6.5 crore. Approved 80.81% to a minority that included two public sector banks — with the tribunal's own bench divided before a tie-breaking member stepped in. Subhash Chandra (Goenka), founder of the Essel Group and promoter emeritus of Zee, has settled a personal guarantee liability of ₹22,006 crore for ₹6.5 crore. The National Company Law Tribunal approved the plan this week. The case began small. In 2022, Indiabulls Housing Finance — now Sammaan Capital — moved against Chandra over a personal guarantee on a ₹170 crore loan to Vivek Infracon. By the time the insolvency plea was admitted in 2024, admitted c...
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3iInfotech Ltd: Buy
CMP: Rs.5.57
3i Infotech (www.3i-infotech.com) is a global Information Technology company committed to Empowering Business Transformation.
A comprehensive set of IP based software solutions (20+), coupled with a wide range of IT services, uniquely positions the company to address the dynamic requirements of a variety of industry verticals, predominantly Banking, Insurance, Capital Markets, Asset & Wealth Management (BFSI). The company also provides solutions for other verticals such as Government, Manufacturing, Retail, Distribution, Telecom and Healthcare.
3i Infotech Ltd, has won the “Best Innovative IT Company Of The Year” award at “Time Research Business Leadership Awards 2013” event on Jul 26, 2013 in Delhi.
3i Infotech has over 1500 customers, including 62 in the Fortune 500 list, in more than 50 countries across 5 continents.
It has offices across 12 counteries, apart from state of the art development centres in Mumbai, Chennai, Bengaluru, Hyderabad, New Delhi, Kuala Lumpur, Sharjah, Riyadh, Thailan, Chengdu, London, Birmingham, Nantwich and Ashby-de-le-Zouch..

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