Supreme Court
Infrastructure
Arcelor's wait for Essar Steel gets longer as SC steps in to resolve lenders' tiff
ArcelorMittal's wait to buy Essar Steel, and enter the domestic steel industry, just got longer. More than a month after the ......
General
Stressed assets: RBI to revise bad loans norms; Jet Airways' lenders eye stake sale
At a time when the country's banking system is saddled with a pile of over Rs 10 lakh crore worth ......
Economy
What the SC order on stressed assets means for ARCs, PE funds, strategic buyers
The Supreme Court (SC) order quashing the central bank’s framework on bad loans may give more shopping time to investors, ......
Economy
After SC order, RBI to issue fresh circular on bad debt resolution
The Reserve Bank of India (RBI) said on Thursday it would issue a revised circular on the resolution of stressed ......
Finance
Govt may direct state-run banks on bad debt after court's rejection of RBI rules
The government could issue directions to state-run banks to resolve corporate default cases and ensure there is no tampering with ......
Finance
Stressed assets resolution to stretch as top court quashes RBI rules on bad loans
India's top court on Tuesday struck down the Reserve Bank of India's February 12, 2018 circular on bad loans, a ......
TMT
Supreme Court finds Anil Ambani guilty of contempt in Ericsson case
India's Supreme Court on Wednesday found Anil Ambani, chairman of debt-laden Reliance Communications (RCom), guilty of contempt of court for wilfully ......
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 bar ......
TMT
Reliance Jio extends deadline to acquire Reliance Communications's assets
Reliance Industries Ltd said on Monday that its subsidiary Reliance Jio Infocomm Ltd has extended the term of the definitive ......
Manufacturing
Supreme Court allows ArcelorMittal, NuMetal to bid for Essar Steel
India's Supreme Court allowed ArcelorMittal SA and NuMetal to bid for debt-ridden Essar Steel after clearing their outstanding dues within ......
