Bank of Baroda
Finance
Aditya Birla ARC buys distressed debt of a coal-fired power plant in Chhattisgarh
Aditya Birla Asset Reconstruction Company (ARC) has snapped up debt worth Rs 2,500 crore (about $344 million) of a firm ......
Infrastructure
Infra solutions provider, once backed by Sequoia, ordered for liquidation
An infrastructure solutions provider, once funded by Sequoia and ChrysCapital, has been ordered for liquidation by the bankruptcy tribunal. “Considering the ......
Finance
Dark clouds hanging over India Inc start to drift away, finally
First, the sliding economy clobbered India Inc, and then the pandemic that took off in April-June made things worse. But the ......
Finance
NSE valuation hits new milepost as HNIs lap up shares from institutional backers
The National Stock Exchange’s (NSE) valuation has climbed past a new milestone as a number of wealthy individuals have bought ......
Manufacturing
Once-iconic textile firm enters bankruptcy to weave its way out of crisis
A textile company that owns a once-iconic saree brand is the latest to enter bankruptcy proceedings after a Mumbai-based asset ......
Finance
Smaller ARCs chase bulk deals to step up bad-loan purchases
Smaller asset reconstruction companies (ARCs) are stepping up their bad-loan purchases as they consider buying in bulk a pool of ......
Finance
India Inc's legal costs soar most in four years; Reliance regains top rank
India Inc’s legal expenses grew at the fastest pace in at least four years for the 12 months to March-end ......
Finance
State Bank of India looks to exit financial services company
State Bank of India (SBI), the country's largest lender, has started a process to exit its six-year-old investment in a ......
Finance
Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?
As finance minister Nirmala Sitharaman gives final touches to her first budget speech later this week, she’d be doing so ......
Infrastructure
Family offices, top firms join Brookfield in $1.9-bn Reliance gas pipeline deal
A group of family offices and companies have participated in Canadian investor Brookfield Asset Management Inc.'s deal to buy a ......
