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Why bankruptcy court looks set to be Jet Airways' next destination

Infrastructure

22 April, 2019

Why bankruptcy court looks set to be Jet Airways' next destination

Arvind Gupta is one of Jet Airways’ 1.4 lakh shareholders. He says he wrote the obituary for India’s oldest private...

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ARCs, stressed asset investors look for deals as banks auction $3.6 bn of bad loans

Finance

19 March, 2019

ARCs, stressed asset investors look for deals as banks auction $3.6 bn of bad loans

Asset reconstruction companies (ARCs) and other investors may pursue distressed assets more actively in coming weeks as banks...

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Debt-laden Garden Silk may draw interest from asset reconstruction firm

Manufacturing

12 March, 2019

Debt-laden Garden Silk may draw interest from asset reconstruction firm

Garden Silk Mills Ltd is likely to evince interest from an asset reconstruction company as its biggest lender will soon ......

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Credit reporting firm Equifax India set to see shareholding churn

Finance

22 February, 2019

Credit reporting firm Equifax India set to see shareholding churn

US-based consumer credit reporting firm Equifax Inc.’s Indian subsidiary is set to go through a churn in its shareholding...

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Why the latest capital infusion into ailing government banks may not help much

Finance

21 February, 2019

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 ......

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Are power sector lenders seeing light at the end of the stressed assets tunnel?

Infrastructure

08 February, 2019

Are power sector lenders seeing light at the end of the stressed assets tunnel?

Until six months ago, the power sector was struggling to find buyers for stressed assets. Now, it is limping ahead ......

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Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO

Finance

30 January, 2019

Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO

Dena Bank, one of the weakest public-sector lenders, has posted losses for three financial years in a row, and is ......

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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...

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SBICAP Ventures reduces size of thematic PE funds

Finance

19 November, 2018

SBICAP Ventures reduces size of thematic PE funds

SBICAP Ventures Ltd, which had earlier this year revealed plans to launch two thematic private equity funds with a combined ......

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In Charts: How corporate tax collections grew during Modi regime

Finance

13 November, 2018

In Charts: How corporate tax collections grew during Modi regime

Between April and September this financial year, the government has collected Rs 2.44 trillion in corporate taxes, according to...

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