Others
Manufacturing
Ballarpur Industries unit dragged to bankruptcy court for second time
Kotak Mahindra Bank has dragged BILT Graphic Paper Products Ltd to the bankruptcy court after the unit of Avantha group-promoted...
Finance
Jefferies India executive joins BCCL's Brand Capital
The Indian unit of global investment bank Jefferies Group LLC has lost two senior executives. Jefferies India director Rohit...
Finance
Jet Airways suspends operations as lenders reject funding request
Jet Airways Ltd will be forced to shut down as soon as Wednesday if it does not get emergency funding ......
Finance
Former Aspire Home Finance exec to float AIF, litigation financing biz
Anil Sachidanand, a former managing director of Aspire Home Finance Corporation, is in the process of launching a real-estate-focussed...
Consumer
Fugitive diamantaire Mehul Choksi's Gitanjali Gems heads for liquidation
Absconding diamantaire Mehul Choksi-promoted Gitanjali Gems Ltd is headed for liquidation after a majority of its lenders decided...
TMT
Policy Tracker: Shake-up in telecom during Modi era as Jio rings in big changes
In September last year, the government unveiled the National Digital Communications Policy to replace the telecom policy of 2012....
Economy
India's trade deficit narrows to $10.89 bn in March
India's trade deficit narrowed to $10.89 billion in March from a year ago, helped by rise in exports, the trade ......
General
CureFit may raise capital at $500-mn valuation; Hydreq gets new bidders
Norwegian state utility firm Statkraft and British private equity firm Actis are separately looking to buy Hydreq, the Indian...
Economy
WPI inflation rises to 3.18% in March
India's annual wholesale price inflation in March accelerated to 3.18 percent, its highest in three months, government data...
General
Stressed assets this week: Essar Steel, Jet Airways and Sterling SEZ in focus
The Insolvency and Bankruptcy Code, instituted in 2016 to tackle the bad loans weighing down on India’s banking system,...
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