stressed assets
Finance
SBI board okays $975 mn investment in moratorium-hit Yes Bank
State Bank of India’s board has approved an investment of Rs 7,250 crore ($975 million) in cash-starved private sector lender...
Infrastructure
Jet Airways gets no bids, almost certain to be liquidated
Bankrupt carrier Jet Airways (India) Ltd has failed to attract any buyer and is likely to be sent for liquidation ......
Manufacturing
JSW's Sajjan Jindal eyes another stressed assets target, set to buy steel firm
Billionaire Sajjan Jindal-owned JSW Projects Ltd is close to sealing a deal for a majority stake in a distressed steelmaker, ......
Finance
SBI may take up to 49% stake in Yes Bank under RBI bailout plan
The Reserve Bank of India (RBI) has outlined a scheme to revive Yes Bank that proposes State Bank of India ......
Infrastructure
As Adani lumbers towards Dighi Port acquisition, promoter cries foul
The bankruptcy tribunal has okayed Adani Ports and Special Economic Zone Ltd’s resolution plan for debt-laden Dighi Port...
Finance
RBI imposes moratorium on Yes Bank, supersedes board; SBI may invest
The Reserve Bank of India on Thursday imposed a moratorium on Yes Bank and superseded its board after the private-sector ......
TMT
Creditors okay Mukesh Ambani, UV ARC's resolution plans for R-Com, subsidiaries
A creditor panel led by the State Bank of India has okayed the bankruptcy resolution plans of Mukesh Ambani-owned Reliance ......
Healthcare
Top court sets aside NCLAT order on Dhanuka's offer for Orchid Pharma
The Supreme Court has set aside an insolvency appeals court’s order against Dhanuka Laboratories Ltd’s resolution...
Infrastructure
IVRCL gets bid for sale of company as going concern under liquidation
Hyderabad-based construction firm IVRCL Ltd is set to become the first company under liquidation to be sold as a going ......
Finance
Bankruptcy tribunal okays state-owned NBCC's bid for Jaypee Infratech
The National Company Law Tribunal on Tuesday approved the proposal of state-owned construction firm NBCC (India) Ltd to acquire...
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