L&T Finance's CEO Sudipta Roy discusses the company's cautious approach amid rising delinquencies in microfinance and unsecured loans. Desp...

DIPAM declined the debt resolution plan for KSK Mahanadi Power project by PFC and REC. NCLT paused sale in June 2022. Interested companies ...

ARCs hold specialized expertise in asset valuation, negotiation, and legal procedures, crucial for navigating the complexities of a stresse...

The RBI is working to establish necessary recognition and resolution measures and is working on the proposed securitisation of stressed ass...

Billionaire Mukesh Dhirubhai Ambani-led Jio placed a bid of Rs 3,720 crore in November 2019 to acquire the tower and fibre asset of debt-ri...

In November, the National Company Law Tribunal (NCLT) in Mumbai had approved RITL’s acquisition by Reliance Project and Property Management...

“Tata Steel is well-positioned for both inorganic and organic growth opportunities,” Chandrasekaran said in the company's annual report for...

The passage of the IBC in 2016 has led to a fire sale of sorts and some of the marquee assets of India Inc are suddenly available at a huge...

The N-Furnace at Liberty Speciality Steels in Rotherham, South Yorkshire, is an electric arc furnace which forms part of a multi-million-po...

The struggling steel businesses of the Tatas and the Ruias, as also many other businesses, have found a common benefactor in this family.

The rupee has not depreciated when all other currencies have. Rupee should depreciate 7-8% to remain competitive on both exports and import...

What can be done to remedy the situation? ARCs must capitalise themselves adequately and raise resources to acquire assets from banks for f...

The finance ministry is examining the idea of setting up an ARC where toxic assets of all state-run banks can be transferred for quick disp...

All complaints handled 24x7 by five call centres. Integrated with mobile SMS platforms for status update. Unresolved complaints for 2 hours...

Year 2005: Kolkata, and West Bengal, suffer from sharp and sudden power outages. And much of the fault lies with sloppy fault attendance, l...

Essar Global, the holding company of the Ruia empire, late on Wednesday night announced the acquisition of the US-based Minnesota Steel for...

The well-thought out strategy behind Tata Steel’s move to go global became evident in ’04.