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BANKRUPCY COURT
Indian banks set to take a hit of Rs 36,000 crore from DHFL writeoffThe company’s shares are already down more than 90 per cent so far this year.
UltraTech offers revised bid of Rs. 7,840 crore for Binani cementLenders expected to take a call today; Dalmia Bharat less likely to revise offer.
NCLT advances Essar Steel hearing to TuesdaySSG Capital, Numetal, Arcelor-Mittal, Vedanta Resources, Tata Steel and Nippon are among the six entities that initially showed interest in...
Arun Jaitley urges PEs, ARCs to hasten resolution of insolvency casesIndian banks are saddled with over Rs 10 lakh crore worth of dud loans which are eating into their earnings and limiting their ability to l...
Zenith Computers to face corporate insolvency as financial creditor move NCLTPine Forest Products & Investments issued notice under bankruptcy after the company failed to repay loans despite giving two notices.
RBI has set a road map for recovery, Arundhati Bhattacharya, SBILenders expect chaotic situation to prevail in the next year or so as the company law tribunal that administers the bankruptcy code comes t...
Innoventive case hearing leaves lenders confusedNCALT rejects borrower's plea to be heard, but advises court to be cautious.
- Fiat's arrival at Chrysler wheel changes auto landscape
The landscape of the global auto industry is set to be radically redrawn with the appointment on Thursday of Fiat corporate rescue maestro ...