If banker think that the move will ring fence them from investigative agencies on being questioned for decision taken today, it won't serve...

Goyal said all states are likely to accept the scheme, which will make every state’s discom profitable in three years, ending decades of in...

AML would increase the limit for creation of security in favour of lenders to Rs 5,500 crore.

Tata Power Delhi Distribution Ltd, which supplies power in north and northwest parts of the national capital, today said it has sought reli...

"As soon as Karnataka (government) sends us their response we will send the note to CCEA," an official in the Ministry of Power said.

According to sources with direct knowledge of the development, the company's promoters failed to bring the required Rs 85 crore for the deb...

Suzlon Energy said the company's shareholders have approved the $ 1.8 billion corporate debt restructuring package.

The board of Deccan Chronicle met on Friday to approve a resolution applying for a debt recast package, the company said in a statement to ...

The government may throw a lifeline to the debt-laden textile sector by restructuring RS 35,000-crore loan as dipping profit margins

The lenders, including State Bank of India, Axis Bank and Oriental Bank of Commerce have agreed to sacrifice Rs 45.50 crore to recast the l...

A decision on additional equity infusion in Air India is likely soon with the Civil Aviation Ministry moving a Cabinet note on the matter.

The government is working on a package to restructure loans to the tune of Rs 4,000-5 ,000 crore for the textiles sector but has ruled out ...

Three microfinance firms which had proposed a merger at the time of their debt recast talks with banks in August have now called off the pl...

Eleven PSU banks, which were alloted shares as part of debt recast package, have seen erosion of about 165 crore in the value of the 17.5% ...

Eleven public sector banks, which were alloted shares by Kingfisher Airlines as part of debt recast package, have seen erosion of about Rs ...

Private carrier Kingfisher Airlines today said its Board has approved converting lenders' debt of up to Rs1,355-crore into share capital.

Hit hard by a slowdown in demand, Ispat Industries has approached its lenders for a second corporate debt restructuring (CDR) package. Indi...