Finance
Why a large number of firms are collapsing in insolvency tribunals
A little more than two months ago, a bankruptcy court ordered the liquidation of ABG Shipyard Ltd—one of India’s biggest...
Economy
Budget 2019: A trillion-dollar push for infrastructure investment
In a massive push for boosting infrastructure, the Union government announced on Friday that it intends to invest Rs 100 ......
Finance
Budget 2019: RBI to get more powers; NBFCs receive a lifeline
The government will give greater power to the central bank to regulate mortgage lenders and non-banking financial companies, as...
Infrastructure
Adani to get another chance for Dighi Port as JNPT withdraws bid
State-owned Jawaharlal Nehru Port Trust (JNPT) has withdrawn its bid to buy debt-laden Dighi Port Ltd after an insolvency court...
Finance
Cross-border insolvency law, steps for individual bankruptcy on cards: Economic Survey
India plans to enact a cross-border insolvency law and take steps to make bankruptcies of individuals easier as part of ......
Finance
Facing heat, Moody's India arm ICRA sends managing director on indefinite leave
The board of ratings agency ICRA has asked managing director and chief executive Naresh Takkar to go on indefinite leave ......
Manufacturing
Asian Colour Coated Ispat's lenders approve takeover offer from JSW Steel
Lenders to Asian Colour Coated Ispat Ltd have approved an offer from Sajjan Jindal-led JSW Steel Ltd to acquire the ......
Manufacturing
UV ARC acquires cement maker's debt to expand mid-market operations
UV Asset Reconstruction Company Ltd is close to acquiring the entire debt of a distressed cement manufacturing company, as it...
General
Stressed assets: RBI panel focuses on SMEs; Orchid, GMR unit set to change hands
For the past two years, the Reserve Bank of India has been focusing mainly on the biggest stressed assets in ......
Finance
ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?
There is more than a hint of schadenfreude in the asset reconstruction business. So even as the problem of bad ......
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