General
Stressed assets: NCLT gets more judges; Jet Airways finally lands into bankruptcy court
In a development that will help ease the burden of bankruptcy courts and expedite the resolution of distressed assets, the ......
Infrastructure
NCLT admits SBI's insolvency plea against Jet Airways
The National Company Law Tribunal (NCLT) on Thursday admitted an insolvency plea filed by State Bank of India (SBI) against ......
Manufacturing
Moser Baer Solar heads for liquidation after failing to find buyer
Moser Baer Solar Ltd is heading for liquidation after the debt-laden company failed to get any insolvency resolution plan from...
Finance
HDFC to acquire majority stake in Apollo Munich Health Insurance
HDFC Ltd said on Wednesday it has agreed to acquire a majority stake in Apollo Munich Health Insurance Co. Ltd ......
Finance
Canara Bank revives plan to sell stake in housing finance arm
State-run Canara Bank said on Tuesday it has revived efforts to sell a stake in its home finance subsidiary, more ......
Finance
Piramal eyes portfolio of housing finance company
Piramal Enterprises Ltd has emerged as the front runner to acquire the portfolio of an embattled housing finance company, two...
Finance
Piramal Enterprises sells entire stake in Shriram Transport
Piramal Enterprises Ltd said on Monday it has sold its entire 9.96% stake in Shriram Transport Finance Company Ltd. The billionaire...
General
Stressed assets this week: Amtek Auto starts afresh, Orchid Pharma faces a twist
On June 14, 2017, the Reserve Bank of India asked banks to take the 12 biggest debt defaulters to bankruptcy ......
Finance
Arcil CEO Vinayak Bahuguna on how to speed up stressed asset resolution and more
Vinayak Bahuguna took over as the CEO and managing director at Asset Reconstruction Company (India) Ltd, or Arcil, in June ......
Infrastructure
Jaypee Infratech lenders reject NBCC's takeover offer
Lenders to Jaypee Infratech Ltd have voted against NBCC (India) Ltd’s revised bid to take over the debt-laden real estate...
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