The wind turbine maker also passed an enabling resolution for conversion of loan and debentures into equity

To save tax, use debt funds as these are taxed only at the time of withdrawal. To plan tax better, instead of maintaining a large PPF corpu...

The entire Rs 4.6 lakh interest could be set off against the rent and salary income but from this year, the deduction against salary is cap...

Three persons in the banking circle told ET that the basic features of the restructuring plan are being finalised with companies taking lon...

Banks are now majority shareholders of IVRCL while the Hyderabad-based company’s promoter Sudhir Reddy and his family own just about 8%.

Jindal Stainless will hold meetings with shareholders and creditors to discuss the business rejig plan as part of efforts to pare debt and ...

Jindal Stainless today said it has received approval from stock exchanges to restructure its businesses, a move aimed at boosting profitabi...

JSL would continue to have its Odisha-based stainless steel manufacturing operation, ferro alloys plant and captive power plant, Verma said.

Shares of Orchid Chemicals & Pharmaceuticals surged 10 per cent after the Corporate Debt Restructuring Empowered Group approved debt rejig ...

Orchid Chemicals surged nearly 10% on the back of reports that the CDR empowered group has approved the company's debt restructuring propos...

In a major relief, diversified Lanco Infratech has received approval to restructure debt worth more than Rs 7,000 crore.

According to sources, there are certain accounting issues which are coming in the way of debt restructuring of Andhra Pradesh discoms .

RBI said on Thursday bonds issued by state power distribution companies will be valued at their current market value, if they are traded an...

Jyotiraditya Scindia said that as many as six states have come forward for the government's ambitious financial rejig plan.

Taking over of 50 per cent short term liabilities of discoms by respective state government is a major proposal.

Lenders to AI have approved the financial restructuring plan, paving way for the government to bail out the stricken national carrier.

More than Rs 60,000 crore of debt and no scope for any dramatic improvement in the situation was the quandary Indian airlines were facing w...