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Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?

Finance

Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?

The bankruptcy tribunal’s move last Thursday directing lenders of Dewan Housing Finance ...

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How ArcelorMittal Nippon is reforging Essar Steel after takeover

Manufacturing

How ArcelorMittal Nippon is reforging Essar Steel after takeover

When brothers Shashi and Ravi Ruia set up Essar Steel India Ltd in 1998, they may never have ...

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Flashback 2019: Few sectors, fewer big-ticket deals dominate top M&As

Finance

Flashback 2019: Few sectors, fewer big-ticket deals dominate top M&As

The total value of mergers and acquisitions (M&As) in India slumped in 2019, as only a handful of ...

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Flashback 2019: Big PE deals mark otherwise rough year for infrastructure sector

Infrastructure

Flashback 2019: Big PE deals mark otherwise rough year for infrastructure sector

After a lacklustre 2018, the Indian infrastructure sector would have hoped for a turnaround in its ...

ArcelorMittal forms JV with Nippon Steel to run Essar Steel

Manufacturing

ArcelorMittal forms JV with Nippon Steel to run Essar Steel

ArcelorMittal SA said on Monday it had formed a joint venture with Nippon Steel Corp to run Essar ...

Cabinet clears changes in bankruptcy law to protect new owners

Finance

Cabinet clears changes in bankruptcy law to protect new owners

The Union Cabinet approved on Wednesday a number of changes in the Insolvency and Bankruptcy Code to...

Nifty, Sensex rise as banks surge; telecom stocks jump

Markets

Nifty, Sensex rise as banks surge; telecom stocks jump

Indian shares ended higher on Tuesday, led by gains in banking stocks, while shares of telecom ...

Supreme Court clears decks for ArcelorMittal to buy Essar Steel

Manufacturing

Supreme Court clears decks for ArcelorMittal to buy Essar Steel

The Supreme Court has cleared the decks for global steel giant ArcelorMittal SA’s Rs 42,000 crore...

Back from brink, Amtek faces debt resolution process again as SC orders fresh bids

Manufacturing

Back from brink, Amtek faces debt resolution process again as SC orders fresh bids

Two weeks after staying the liquidation of Amtek Auto Ltd, India's top court has allowed lenders...

Stressed assets: Essar Steel, Jet Airways cases drag on; Patanjali to buy Ruchi Soya

General

Stressed assets: Essar Steel, Jet Airways cases drag on; Patanjali to buy Ruchi Soya

The distressed assets segment saw more action this week with at least one more well-known company ...