Punjab National Bank
Healthcare
SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid
State Bank of India and other creditors to Calyx Chemicals & Pharmaceuticals Ltd will get less than 5% of their ......
Finance
PNB may take control of two-three smaller state-run banks
Punjab National Bank could take control of two-to-three small state-run banks, which could include Oriental Bank Of Commerce,...
Finance
Värde Partners, General Atlantic's pacts to invest in PNB Housing fall through
Alternative investment firms General Atlantic and Värde Partners have terminated agreements to buy a 13.1% stake in PNB Housing...
General
Stressed assets this week: Spotlight turns on Jet Airways, Gitanjali Gems
Since the Insolvency and Bankruptcy Code (IBC) was passed in 2016, a little over Rs 1.42 lakh crore of claims ......
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...
Finance
General Atlantic, Värde Partners to buy $268-mn stake in PNB Housing
Alternative investment firms General Atlantic and Värde Partners have agreed to buy a 13.1% stake in PNB Housing Finance...
General
Raja Ravi Verma, VS Gaitonde paintings among Nirav Modi's art collection auctioned
Indian tax authorities raised about $8 million in an auction on Tuesday of rare oil paintings that were once part ......
Finance
Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta
It has been a year since Punjab National Bank (PNB) revealed that two jewellery groups had swindled the state-run lender ......
Finance
Why the latest capital infusion into ailing government banks may not help much
On Wednesday, the government approved an infusion of Rs 48,239 crore ($6.8 billion) into 12 state-run banks, as part of ......
General
General Atlantic, Värde may buy into PNB Housing; Energizer, Duracell eye Eveready
Private equity firm General Atlantic and US-based investment firm Värde Partners are likely to buy a 22% stake in mortgage...
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