Bhushan Steel Limited plans to acquire a controlling 59 per cent stake in OSISL from its promoters, a Mohanty family and Monnet Group.

State-run lenders are already battling in courts to declare the now beleaguered Kingfisher Airlines and its promoter Mallya as wilful defau...

Besides Jain and Singal, CBI had arrested CMD of Prakash Industries Ltd, Ved Prakash Agarwal, its director Vipul Agarwal, Arun Aggarwal.

The company is in urgent need for funds to keep itself operational and stop the existing loans from becoming non performing assets (NPAs).

At least two lenders are set to declare Mallya and other directors of the now defunct KFA as "wilful defaulters" to choke fund flow to the ...

Lenders are beginning a dialogue with Bhushan Steel to ensure that their interests are secured after the arrest of MD Neeraj Singal.

Justifying the decision to send them to police custody, Sharma said the trail and source of the alleged bribe amount is yet to be found out.

The Nifty index also closed below its crucial psychological support level of 7600, weighed down by losses in banks, realty, cap goods and p...

He had allegedly gone missing from his residence after the agency had carried out searches and did not appear on Saturday before CBI for ex...

The Delhi-based Bhushan Steel is looking to sell a 5% stake to strategic investors for close to Rs 400 crore, a person familiar with the de...

Wockhardt announced a major organisational change and admitted that it was facing problems in servicing its debt.