Ranbir Kapoor-backed Prime Focus shares gain 2% after firm returns to black with Rs 82 crore net profit in Q4Prime Focus shares saw a rise on Friday. The company reported a profit of Rs 82 crore for the fourth quarter of FY26. This marks a signific...
Insolvency recoveries nearly halve in FY26 due to rising delays: ReportRecoveries under India's Insolvency and Bankruptcy Code (IBC) saw a sharp decline in FY 2025-26. Admitted claims yielded only 23 percent, a...
Dalmia Bharat seals Rs 2,850 crore deal for JAL cement assets after Adani insolvency takeoverDalmia Cement has acquired key cement assets from Jaiprakash Associates for ₹2,850 crore. This deal, facilitated by the Adani Group's insol...
ETMarkets AIF Talk| Performing credit emerges as core portfolio allocation for investors: Amit DharodIndia’s private credit market is emerging as a key part of alternative investments, supported by structural changes in lending and rising d...
The rupee’s swing: When currency becomes the deal maker or breakerRupee volatility has become central to India’s distressed deals, driving stress for firms with dollar debt despite stable operations. Eleva...
Insolvency process against Raheja Shilas project in Gurugram to continue, says NCLATThe National Company Law Appellate Tribunal has rejected Raheja Developers' request to end insolvency proceedings for its Raheja Shilas pro...
Speed-scare them to resolve disputesThe Supreme Court's ruling on the Bhushan Power and Steel acquisition highlights procedural issues within India's insolvency resolution sys...
IBC resolution ratio rises, but time taken increasesRescue of insolvent firms under the Insolvency and Bankruptcy Code has improved, with 1.3 firms saved for every firm liquidated in the fisc...
Cracking the Code: Q2 recovery under IBC rises to 33%Improved investor interest in a broad range of small and medium enterprises and above-average realisation from the assets of a large compan...
M-cap of stressed firms zooms three times after IBC resolution, says IBBI chairmanThe market capitalization of stressed companies resolved under India's Insolvency and Bankruptcy Code (IBC) has increased from INR 2 lakh c...
Resolutions under insolvency law likely to touch 300 this year: IBBI chiefThe number of resolutions of stressed assets under the insolvency law is expected to reach 300 this year, according to Ravi Mital, Chairper...
If a company has been sick for years, and its assets have been depleted, IBC may yield huge haircut: MS Sahoo, Chairman, IBBIIn a chat with Mohit Bhalla, the Chairman of the Insolvency and Bankruptcy Board of India, Dr. MS Sahoo, addresses questions about the rece...
IBC tweak challenges flaggedMany lenders, particularly state-owned banks, are not in a hurry to initiate IBC proceedings.
Close to half of claims under IBC were settled in FY19: RBIAs a percentage of claims, banks recovered on average 42.5% of the amount filed through the IBC in the financial year 2018-19, against 14.5...
Insolvency law panel likely to finalise report this monthA rising number of cases involving stressed assets are being taken up for resolution under the Insolvency and Bankruptcy Code (IBC), which ...
Banks' credit provisions to rise to Rs 2.6 lakh crore in FY18: IcraIncrease in provisioning will result in higher losses for state-run banks during the year.
- Canada-India Business Council lauds Union Budget
The Canada-India Business Council (C-IBC) has commended the union budget presented by Finance Minister P Chidambaram as "thoughtful", "prag...