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Stressed assets: RBI to revise bad loans norms; Jet Airways' lenders eye stake sale

General

05 April, 2019

Stressed assets: RBI to revise bad loans norms; Jet Airways' lenders eye stake sale

At a time when the country's banking system is saddled with a pile of over Rs 10 lakh crore worth ......

JSW may back Ruias for Essar Steel bid; Blackstone, Xander eye VG Siddhartha's estate

General

24 January, 2019

JSW may back Ruias for Essar Steel bid; Blackstone, Xander eye VG Siddhartha's estate

JSW Steel and undisclosed foreign investors have agreed to support the Ruia family in its effort to win back control ......

Retired SC judge should monitor all IL&FS asset sale proceedings: NCLAT

Finance

11 January, 2019

Retired SC judge should monitor all IL&FS asset sale proceedings: NCLAT

The National Company Law Appellate Tribunal (NCLAT) on Friday recommended that all future proceedings pertaining to the transfer of assets ......

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Data firm promoter takes PE investor to court over removal

People

15 November, 2018

Data firm promoter takes PE investor to court over removal

A promoter of Xact Data Discovery India Pvt. Ltd has taken the company’s US-headquartered private equity owner to court over ......

Stressed assets: Revised bids allowed for Bhushan Power, NCLT admits Provogue

General

03 August, 2018

Stressed assets: Revised bids allowed for Bhushan Power, NCLT admits Provogue

As Indian banks grapple with nearly $150 billion in bad loans, the National Company Law Tribunal (NCLT) has admitted about ......

Stressed assets: Essar Steel lenders for fast solution; Binani Cement case put off

General

13 July, 2018

Stressed assets: Essar Steel lenders for fast solution; Binani Cement case put off

Indian banks are grappling with nearly $150 billion in bad loans and the National Company Law Tribunal (NCLT) has admitted ......