Beena Parmar

Stressed assets: NCLT gets more judges; Jet Airways finally lands into bankruptcy court

General

21 June, 2019

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

20 June, 2019

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

20 June, 2019

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

19 June, 2019

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

18 June, 2019

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 ......

Premium

Finance

18 June, 2019

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

17 June, 2019

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

15 June, 2019

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 ......

Premium

Finance

14 June, 2019

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

11 June, 2019

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...