Bank of Baroda has agreed to a $600 million settlement with administrators of the insolvent NMC Health Plc. The bank faced allegations of g...

Creditors have dragged B2B ecommerce firm Udaan’s parent to Singapore court over a bond default. This and more in today's ETtech Top 5.

India's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering tril...

Pakistan cricket is in financial trouble. The Pakistan Cricket Board is sending legal notices to partners for billions in unpaid dues. Mean...

The RBI has asked lenders to put in place board-approved policies for undertaking compromise settlements with the borrowers as well as for ...

Bank unions AIBOC and AIBEA have opposed the Reserve Bank's move to allow lenders to settle loans of wilful defaulters under compromise set...

The regulator has written to key stakeholders across sectors informing them at length about the rules, and urging them to advise entities a...

Hardening its stance on the issue, the Telecom Regulatory Authority of India (TRAI) warned that defaulting entities should comply with the ...

The recovery proceedings have been initiated against the entities after they failed to pay fine totalling Rs 1 crore imposed on them in Mar...

FEL, which is having financial troubles, had last week also informed default on interest payment of another non-convertible debenture. Befo...

REC's ratings are equalised with those of India -- BBB- (stable). Fitch believes there is a high likelihood of REC receiving extraordinary ...

The crisis at the NBFC had surfaced last September following a spate of repayment defaults due to internal mismanagement.

As per sources in ED, the agency wants to know whom did the former board members award the retainership contracts during their tenure.

The two entities are engaged in internet and telecommunication services. The tax evasion was detected based on data analytics, commercial t...

Sebi has decided to defer implementation of its earlier directive until further notice.

Insurance companies are now allowed to hedge interest rate risk as the Irda on Thursday issued the final guidelines on investment into CDS.

The global rating agencies S&P and Moody's have downgraded the credit ratings for several government-related entities in Dubai on fears abo...