The NARCL has concluded the acquisition of just six companies since it started operations in January 2022 to house banking-sector advances ...

India's state-owned 'bad bank,' National Asset Reconstruction Company Ltd (NARCL), has acquired three more accounts in the past two weeks, ...

Following a nudge from the finance ministry last fortnight, most govt-owned banks identified companies they would prefer to sell to Nationa...

National Asset Reconstruction Co Ltd (NARCL) aims to acquire ₹30,000 crore of Srei Equipment Finance and Srei Infrastructure Finance loans ...

IDBI Bank CEO Rakesh Sharma confirmed the transfer without naming the account. IDBI Bank is the lead lender in the account with dues of ₹3,...

NARCL's offer has an 15:85 structure - 15% of the consideration will be upfront cash while the balance will be in security receipts (SRs) p...

Last month NARCL accelerated the pace of its activities after struggling for over a year to acquire bad loans. It has offered to buy six lo...

Videocon Industries affiliate VOVL Ltd, real estate company Jaypee Infratech, telecom infrastructure provider GTL Ltd, Visa Steel and Meena...

Decision on these proposals would be taken by the Board of Approval (BoA) for Special Economic Zones (SEZs) in its meeting on September 12.

The development comes as a huge relief to solar developers, since over 90% of the equipment used in Indian solar projects is imported.

Solar cells, electrical devices that convert sunlight directly into electricity, are imported primarily from China, Malaysia, Singapore and...