As part of the rights issue, the company will issue of 240 crore partly paid-up equity shares of face value of Rs 2 each for cash at a pric...

On his way back home from the Pune airport, Tanti felt uneasy in his car and died even before he could be taken to the hospital. He is surv...

“We believe such low credit growth was a direct fallout of corporates rapidly deleveraging by repaying high cost loans through funds raised...

Dilip Buildcon Ltd (DBL) is in talks with large global financial investors to sell seven of its road projects.

The loss making company said that its term debt has been reduced with a lower rate of interest effective July 1 and the balance debt of sec...

The company and lenders were working on the resolution plan as per the Reserve Bank of India (Prudential Framework for Resolution of Stress...

The wind turbine maker also passed an enabling resolution for conversion of loan and debentures into equity

Suzlon defaulted on loan repayments earlier this year and its loans were categorised as NPAs.

Two international companies had shown interest at different stages, but both have subsequently pulled out.

Shares are trading much below conversion price of ₹15.46/piece for the FCCB.

The Pune-based company is facing the liquidity crisis as it has no resolution plan in place.

At the higher end of the price band, the issue is priced at 35.7 times (post-dilution) on FY17.

The public issue received bids for 44,37,41,155 shares as against more than 2.13 crore on offer at the close of the issue, generating a sub...

The bidding for shares in IPO of Dilip Buildcon will be open between August 1-3, while the same for S P Apparels would begin on August 2 an...

Mali put up a post in Hindi on March 6 on Facebook offering to 'sell' his wife. He also uploaded her and their two-year-old daughter's phot...

Dilip Shanghvi's brother-in-law Sudhir Valia will provide Rs 4,000 crore, which the debt-hit Suzlon will use to meet its working capital ne...

Alok Industries, a Rs 3,000-crore integrated textile manufacturer, is looking to exit the real estate business and offload stakes in intern...