These debentures, with a face value of ₹100,000 each and a quarterly interest payout, were allotted earlier this year, and will mature in M...

The Anil Agarwal company offered ₹1,440 crore against admitted claims of ₹4,625 crore, equating to a 31% recovery, distributed among lender...

The bank will soon start the process of appointing merchant banks and take opinions about market conditions, he said, adding the bank would...

In an exchange filing, Vedanta said that Rs 312 crore is set to be paid upfront, while the balance Rs 1,128 crore will be in the form of se...

The resolution professional set a threshold price of ₹1,143 crore - the price at which Vedanta submitted a bid. JPSL had previously offered...

NARCL's offer has an 15:85 structure - 15% of the consideration will be upfront cash while the balance will be in security receipts (SRs) p...

The revised offer from the government-promoted NARCL, made last week, follows a request from the lenders to the company and is 11% higher t...

The thermal power company promoted by Hemant Kanoria and his family entered corporate insolvency in November 2019. Resolution professional ...

The appellate tribunal has upheld the earlier order of the Hyderabad bench of the National Company Law Tribunal (NCLT) in this regard and n...

At a meeting of the committee of creditors held on Wednesday, most lenders voted to extend the deadline for receiving resolution plans to A...

The plant stopped production earlier this year after Hong Kong listed owner Agritrade Resources failed to keep the plant running due to fin...

The Srei group companies, which are undergoing corporate insolvency resolution process, came under duress during the Coronavirus-induced lo...

Inordinate delays in debt resolution of the distressed companies in bankruptcy courts and a nudge from the government to provide additional...

Details on funding distressed power projects were discussed at a meeting of senior bank executives at SBI headquarters last week.

Industry sources say peak demand is expected to rise further to 220-GW in May compared to approximately 215-GW in April. The maximum demand...

Videocon Industries affiliate VOVL Ltd, real estate company Jaypee Infratech, telecom infrastructure provider GTL Ltd, Visa Steel and Meena...

The other companies are SKS Ispat Power, Meenakshi Energy, Athena Chhattisgarh Power Jhabua Power, KSK Mahanandi, Coastal Energen and Jinda...