Believed to have double the dozen names of loss-making, over-leveraged firms contained in the first list
Lenders to the loss-making Rohit Ferro-Tech are looking to bring in a new investor into the Kolkata-based company who can…
With the NCLT (National Company Law Tribunal) allowing insolvency proceedings to be initiated against companies even if winding-up petitions are…
Reliance Communications (RCom) on Thursday sought time from the Mumbai bench of the National Company Law Tribunal (NCLT) as it…
A consortium of lenders to Reliance Communications (RCom) is unwilling to accede to the telco’s demand for Rs 600 crore…
Even as the National Company Law Tribunal takes a call on the RCom-Aircel merger later this month, it may consider…
The judge said the allegation of siphoning funds was vague and there was no material to substantiate the same.
But flags the fact that it is in talks with potential buyer for a stake sale.
Lenders to Adhunik Metaliks, the flagship company of Kolkata-based Adhunik Group, have referred the company to the National Company Law…
Lenders have sought clarification from the RBI on provisions to be made for accounts being sent to the NCLT, sources…
Bankers have received from the Reserve Bank of India (RBI) the first list of six stressed accounts that they must…
Lenders to Videocon Industries will join petroleum ministry’s delegation to Brazil later this month in an effort to push for…
ICICI Bank-backed infrastructure debt fund India Infradebt plans to raise Rs 3,000 crore via bonds in FY18 in anticipation of…
Reliance Communications (RCom), which has lost over a fifth of its market value in the last three days, is understood…
With more non-performing assets (NPAs) ‘ageing’, and consequently requiring more provisions, banks’ profits could continue to be under pressure for…
The company is promoted by Vijay Kumar (11.38%), Prakash Chandra Kapoor (11.38%) and Bharati Infratech Projects (17.82%).
Aggregate recast loans worth around Rs 50,000 crore (Rs 49,332 crore) failed at the corporate debt restructuring (CDR) cell in…
Banks have zeroed in on Edelweiss as a buyer via the Swiss challenge route
