Welspun Group's MGN Agro Properties and Mumbai-based B-Right Real Estate have successfully petitioned the NCLT to also submit bids. In fact...

Founder Yeung Kwok Keung quit Country Garden's board in March and daughter Yang Huiyan became chairperson. Yeung remains a special adviser.

The International Monetary Fund (IMF) has revised down its economic growth forecast for China in 2023 to 5.0% from 5.2%. The IMF attributed...

The Future Group companies on Tuesday moved the Delhi High Court against a debt recovery tribunal's July 31 order that restrained them from...

These provisions are ultra vires the Act as they operate to obstruct/delay the recovery of loans by banks and other financial institutions ...

With $7.7 billion in dollar bonds, Sunac is the fourth-largest issuer among Chinese developers, according to data from Duration Finance.

In the letter, coinciding with China's mid-autumn festival, Hui Ka Yuan, chairman of the debt-laden property developer, also said Evergrand...

While Mantra Properties has bid Rs 880 crore, Ashdan Developers has bid Rs 827 crore in the third revision of their plans to acquire the de...

The newly constituted board of debt-laden property developer Unitech is looking for an agency to prepare a resolution plan, the modalities ...

An association of apartment-buyers submitted a plan to revive Kindle Developers, which failed to deliver homes after accepting payments.

Sources said the company may be able to fetch nearly Rs 200 crore by selling these properties.

The funds raised through sale of the properties would be used to reduce the Rs 29,000 crore debt, held in the SPV.

In its results for the quarter ended December, 2017, Hotel Leelaventure had said that it was pursuing a viable restructuring package with c...

As part of debt restructuring, JM Financial Asset Reconstruction Co Ltd (JMFARC) had issued a notice for conversion of debt into equity to ...

Hui, whose net worth is about $7.4 billion, has started disposing of some, listing Guangzhou Evergrande Taobao Football Club and selling th...

Debt-laden property developer HDIL has put its 70-acre land parcel in Kochi on the block for mobilising funds.

The wealth of Indian billionaires suffered huge correction in 2008, when there were only 27 billionaires. The number has been increasing si...