ARCIL buys Saraswat's NPAs at 86% haircutAvenue Capital-backed Asset Reconstruction Company (India) has bought nearly ₹400 crore worth of bad loans or non-performing assets (NPAs) ...
Eagle Group gets nod to take over Sumeet IndustriesEagle pipped rivals that included Silvassa-based Geelon Industries and Gujarat-based Gajera Group by offering to bear the ₹25 crore corpora...
Christina Aguilera unveils stunning Vegas residency makeoverChristina Aguilera is preparing for her Las Vegas residency, showcasing her ability to reinvent herself. During a recent appearance on Jimm...
Supreme Court asks Authum Investments and Infrastructure to implement resolution plan for Reliance Home FinanceThe court, however, said that dissenting debenture holders should be given the option to accept the terms of the resolution plan or they ca...
How one's hairstyle - and hair action - can be powerful messagingIt is certainly worth noting how keratin - fibrous proteins that are the key structural material for hair (and nails) - played a prominent ...
Creditors to approve Religare Finvest plan for 1-time settlementRFL owes ₹5,344 crore to more than a dozen lenders, led by Bank of Baroda (BoB). It has offered to settle these claims with an immediate pa...
Union Bank to sell KSK Mahanadi loanOther lenders including State Bank of India, Punjab National Bank, Bank of Baroda (BoB) and Axis Bank have already sold their debt in the c...
Supreme Court rejects RCFL lenders’ early hearing pleaThe lenders had filed a praecipe, a request for pre-emptive action. RCFL owes creditors led by Bank of Baroda more than Rs 9,000 crore.
IDBI Trustee allows vote in RHFL after Bombay HC go aheadIn a notice to the stock exchanges IDBI Trusteeship has called for a meeting of debenture holders of RHFL on May 13. Lenders to RHFL led by...
Authum promoters’ past lapses emerge with Reliance Home winStock market regulator Securities and Exchange Board of India (Sebi) has banned Authum promoter director Sanjay Dangi and his associates in...
Mumbai-based NBFC Authum Investment wins Reliance Home with more than 90% votesSaturday was the last date for the voting which started on May 31 and creditors which included private and public sector banks and bondhold...
Reliance Home Finance lenders staring at nearly 80% haircutCreditors are choosing between Hong Kong-based distressed asset specialist Ares SSG and locally listed NBFC Authum Investment and Infrastru...
Bank of Baroda plans international auction of Rs 1,838 crore RCom debtBank of Baroda, it is learnt, has classified its RCom exposure as a NPA and will shortly invite EoIs from potential buyers keen to pick up ...
Union Bank, Bank of Baroda may sell Bhushan Steel loan to SSGThe two banks had together put up Rs 2,430 crore in loans for sale. Bhushan Steel is facing bankrupcy proceedings and in the process of fin...
RCom debt may translate into 50% haircut for banks: Goldman SachsBanks face the prospect of haircuts or `loss on defaults' of up to 50% on Reliance Communications' debt, according to Goldman Sachs.
- Hold Bank of Baroda target Rs 192: Sharekhan
Hold Bank of Baroda at a price target of Rs 192.
Lady Gaga gets bob haircutPop sensation Lady Gaga has got a new haircut on the Valentine's Day.