bankruptcy
General
Live blog: VCCircle Stressed Assets Investment Summit
Stressed assets have dominated headlines for the past couple of years, as banks struggle with $150 billion of bad loans. ......
Infrastructure
Jet Airways extends deadline for initial bids to August 10
India’s Jet Airways has extended the deadline for initial bids for the bankrupt airline to Aug. 10 from Aug. 3, ......
Infrastructure
Construction firm IVRCL heads for liquidation
Hyderabad-based construction company IVRCL Ltd is headed for liquidation after failing to find a buyer under a bankruptcy resolution process. The ......
Healthcare
NCLAT stays Dhanuka Labs' takeover of Orchid Pharma on plea by failed suitor
An appeals tribunal has stayed a bankruptcy court's approval to the resolution plan of Dhanuka Laboratories Ltd for Orchid Pharma ......
Finance
SBI CFO Prashant Kumar on bank consolidation, progress on stressed assets and more
State Bank of India (SBI) is leading many fights against top corporate defaulters, including Essar Steel, under the Insolvency and ......
Infrastructure
Why Jet bidders can't pin hopes on loyalty scheme alone to fly carrier again
Jet Airways (India) Ltd’s creditors have dangled the airline’s lucrative loyalty programme to attract buyers, but that may not be ......
Manufacturing
Supreme Court orders status quo on Essar Steel's sale to ArcelorMIttal
The Supreme Court on Monday put on hold the sale of debt-laden Essar Steel to ArcelorMittal for Rs 42,000 crore. A ......
Investor Bulletin
Podcast: Paytm Mall, Icertis get big cheques; Ebix snaps up Yatra
Vijay Shekhar Sharma-led Paytm Mall and PremjiInvest-backed Icertis led technology startups in raising funds this week while US-listed software firm ......
General
Cabinet's changes to bankruptcy law spark hope for improved, faster resolutions
The Cabinet’s approval of several changes to the bankruptcy law, such as increasing the resolution period to 330 days and ......
Finance
Punjab & Sind Bank reports fraud in Bhushan Power account
India’s Punjab & Sind Bank (PSB) said on Wednesday it has reported a 2.38 billion rupee ($34.58 million) fraud to ......
