insolvency
Finance
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...
Manufacturing
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)...
Finance
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...
Infrastructure
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...
Infrastructure
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...
General
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 ......
Manufacturing
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 ......
General
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 ......
Opinion
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 ......
TMT
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 ......