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Stressed assets: NCLT gets more judges; Jet Airways finally lands into bankruptcy court

General

21 June, 2019

Stressed assets: NCLT gets more judges; Jet Airways finally lands into bankruptcy court

In a development that will help ease the burden of bankruptcy courts and expedite the resolution of distressed assets, the ......

NCLT admits SBI's insolvency plea against Jet Airways

Infrastructure

20 June, 2019

NCLT admits SBI's insolvency plea against Jet Airways

The National Company Law Tribunal (NCLT) on Thursday admitted an insolvency plea filed by State Bank of India (SBI) against ......

Jet Airways' lenders to take grounded carrier to bankruptcy court

Infrastructure

17 June, 2019

Jet Airways' lenders to take grounded carrier to bankruptcy court

Lenders to India's Jet Airways plan to begin insolvency proceedings against the debt-laden carrier, a consortium of the airline's...

Stressed assets this week: Tatas win race for Bhushan Energy; Jaypee Infra in focus

General

31 May, 2019

Stressed assets this week: Tatas win race for Bhushan Energy; Jaypee Infra in focus

The total number of cases that have ended with the order of liquidation stand at 378 as on 31 March, ......

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SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid

Healthcare

30 May, 2019

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 ......

Sensex ends in the red as financial stocks take a hit

Markets

29 May, 2019

Sensex ends in the red as financial stocks take a hit

Indian shares settled lower on Wednesday, dented by financial and material stocks such as State Bank of India and JSW ......

Sensex posts best week since November on euphoria over Modi victory

Markets

24 May, 2019

Sensex posts best week since November on euphoria over Modi victory

Indian shares jumped over 1.5% on Friday on hopes that Prime Minister Narendra Modi would pursue business-friendly policies following...

Hinduja Group evaluating bid for Jet Airways

Infrastructure

21 May, 2019

Hinduja Group evaluating bid for Jet Airways

Indian conglomerate Hinduja Group said on Tuesday it is evaluating a possible bid for debt-laden Jet Airways Ltd. The company...

Sensex, Nifty end at record highs after exit polls show big Modi victory

Markets

20 May, 2019

Sensex, Nifty end at record highs after exit polls show big Modi victory

Indian shares surged on Monday, a day after exit polls showed Prime Minister Narendra Modi would retain power with a ......

Stressed assets: Jet revival hopes dim; Dighi Port, Maiyas Beverages to get new owners

General

17 May, 2019

Stressed assets: Jet revival hopes dim; Dighi Port, Maiyas Beverages to get new owners

Indian banks are estimated to have recovered almost Rs 70,000 crore from various companies through bankruptcy resolution processes...

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