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Running out of patience, more banks are putting bad loans on the block

Finance

28 January, 2019

Running out of patience, more banks are putting bad loans on the block

Lenders including India’s largest bank are opting to sell their loan exposures to companies facing insolvency even as the...

Adhunik Metaliks' lenders seek new buyer as Maharashtra Seamless renews interest

Manufacturing

25 January, 2019

Adhunik Metaliks' lenders seek new buyer as Maharashtra Seamless renews interest

Lenders to bankrupt steelmaker Adhunik Metaliks have requested an additional 12 weeks from the National Company Law Tribunal (NCLT)...

SC deals blow to Ruias, other promoters seeking to regain control of insolvent firms

Finance

25 January, 2019

SC deals blow to Ruias, other promoters seeking to regain control of insolvent firms

The Supreme Court on Friday upheld the two-year-old Insolvency and Bankruptcy Code (IBC) in its entirety, thereby continuing to...

Jaypee Infra's lender panel okays deadline extension for filing resolution plan

Infrastructure

24 January, 2019

Jaypee Infra's lender panel okays deadline extension for filing resolution plan

The lenders’ panel of Jaypee Infratech has okayed the shortlisted bidders’ request to extend the deadline to submit...

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Fundraising may suffer as more homebuyers drag developers to insolvency courts

Infrastructure

16 January, 2019

Fundraising may suffer as more homebuyers drag developers to insolvency courts

The real estate industry’s fundraising prospects may take a hit as freshly empowered homebuyers increasingly drag developers...

Everstone-Kenstar deal hits snag; ICICI Prudential MF told to refund investors

General

03 July, 2018

Everstone-Kenstar deal hits snag; ICICI Prudential MF told to refund investors

Private equity firm Everstone Capital’s plans to acquire Videocon group’s home appliances brand Kenstar have hit a roadblock due to ......

UltraTech gets CCI nod for Binani Cement bid; Dalmia Bharat retorts

Manufacturing

28 March, 2018

UltraTech gets CCI nod for Binani Cement bid; Dalmia Bharat retorts

UltraTech Cement Ltd on Wednesday said that it has obtained the Competition Commission of India's approval for its $1.1 billion ......

Vedanta, Tatas among bidders for Electrosteel; Godrej Fund eyes Thane IT park

General

05 January, 2018

Vedanta, Tatas among bidders for Electrosteel; Godrej Fund eyes Thane IT park

Mining billionaire Anil Agarwal’s Vedanta Group and the diversified Tata Group are among the bidders in race to buy debt-laden ......

What the Gujarat High Court's order on Essar Steel-RBI tussle means

Opinion

24 July, 2017

What the Gujarat High Court's order on Essar Steel-RBI tussle means

The Gujarat High Court has made its observations on several intriguing issues concerning the Insolvency and Bankruptcy Code, 2016, while ......

Govt fast-tracks insolvency process for startups, small companies

TMT

17 June, 2017

Govt fast-tracks insolvency process for startups, small companies

The Insolvency and Bankruptcy Board of India (IBBI) has notified new norms expediting insolvency resolution for startups, small companies and ......

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