The purpose of The Twins to take over stressed debt is in doldrums as the banking systems net non-performing assets are at multi-year low o...

Go First's resolution professional will challenge a restraining order from the Delhi High Court, which prevents the airline removing parts ...

In the first meeting held Friday, the committee of creditors (CoC) replaced the company-appointed interim resolution professional (IRP), pr...

The list of failed airlines in India is quite long - full service or low-cost - and the major reason was financial crunch due to various fa...

NBCC has bagged an order from the Puducherry government for the construction of a medical college and hospital at Karaikal. The order value...

ArcelorMittal's resolution plan, which was submitted by Uttam Galva's resolution professional in June 2021, is pending before the bankruptc...

DHL E-Commerce (India) Private Limited’sadvocates in their submissions to the NCLT have claimed that the unpaid dues are towards logistics ...

The 50-share pack Nifty formed a big red candlestick formation on a daily chart as it erased the gains of the last 11 days. Nifty may be on...

Air Costa is the second Indian airline, after Jet Airways, to undergo court-monitored debt resolution process under the Insolvency and Bank...

India doesn’t have a middle-income trap problem. It has a problem of muddled thinking on economic policy.

Larsen and Toubro (L&T) has increased its stake to 51% in IT services firm Mindtree.

The bidders have proposed to sell Amtek stake in German company Amtek Tekfor Holding and use the proceeds to settle the loans.

The two companies are currently evaluating the deal that values the target company at $350 million, said three people with direct knowledge...

Mahindra Defence and Shapoorji Pallonji Group may independently bid for the troubled company.

German Dry Docks Group has approached the lenders of troubled Bharati Defence and Infrastructure for a possible acquisition.

Mumbai Bench of the National Company Law Tribunal (NCLT) last week admitted the petition filed by DF Deutsche Forfait under the Insolvency ...

The European Union's executive on Wednesday proposed that a new markets regulator should oversee credit rating agencies across the 27-natio...