Corporates

The acquisition, IBM's biggest so far, will provide open approach to cloud, featuring unprecedented security and portability across multiple clouds, a joint statement said late on Sunday.

According to the petitioner, the amount was deposited after it emerged as the successful bidder for developing the design and constructing an integrated airport township and multi-services aerospace park, in a bidding process by the APIIC in 2008.

Besides the details of the bank accounts of 46 companies, the court directed that all the computers and laptops having details of transactions since 2008 would be handed over to the forensic auditors.

The news comes just a day after founders of Essar Steel came in with a surprise offer to pay Rs 54,389 crore to creditors to settle claims.

Essar Steel is among a dozen of the country's biggest debt defaulters that were pushed into the bankruptcy court last year after a central bank order that was aimed at clearing record bad loans at the country's banks.