Supreme Court
Finance
What the top court's ruling in ArcelorMittal case means for PE firms in 'control' deals
The definition of “control” of a listed company under the Securities and Exchange Board of India's (SEBI) Takeover...
Infrastructure
Arcelor's wait for Essar Steel gets longer as SC steps in to resolve lenders' tiff
The wait for ArcelorMittal to buy Essar Steel, and enter the domestic steel industry, gets longer. More than a month after...
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 said on Wednesday that Reliance Communications chairman Anil Ambani wilfully did not pay 5.5 billion...
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...
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 ......
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