Suzlon Energy debt resolution: The company had defaulted in repayments of Rs 437.50 crore in respect of its term loans and working capital facilities in March 2019, besides failing to make payments to certain overdue creditors

Anand Mahindra said they entered the two-wheeler market with the confidence to \"win\", on the back of having a strong understanding of the ecosystem, distribution, R&D and also brand positioning

As the head of one of India's largest consumer electric companies, Anil Rai Gupta believes employees matter more than revenues, profits or market share

As against the admitted claims of secured financial creditors of Rs 9,783 crore, Suraksha and NBCC are offering repayment of only 62 per cent of their outstanding dues despite the liquidation value of the company being around Rs 13,000 crore

At the interbank foreign exchange, the rupee opened weak at 71.76 then fell to 71.78 against the US dollar, showing a decline of 12 paise over its previous closing

RBI MPC meet: If the Reserve Bank of India cuts the repo rate on Thursday, it would be the sixth reduction in the short-term lending rate in 2019

At the interbank foreign exchange, the rupee opened at 71.66, then gained some momentum and touched a high of 71.58 against the dollar, showing a rise of 8 paise over its last close

In five reductions by RBI's monetary policy committee (MPC) so far in 2019, interest rates have been lowered by a total of 135 basis points over concerns that growth momentum is slowing down and also to try to boost liquidity in the financial system

At 3.375 per cent interest rate, this is the tightest coupon for 10-year or longer tenor offering from India ever achieved by any Indian corporate

The National Company Law Tribunal gave a go-ahead to the resolution plan of Royale Partners after the Committee of Creditors accepted its Rs 900-crore bid by 73.13 per cent vote share

Irrespective of resolutions, companies going through the insolvency process are seeing large number of direct and indirect job losses

P&A Law Offices, which represents and advises nine registered homebuyers associations, has written a letter to Kuldeep Verma, who is an authorised representative of homebuyers in a committee of creditors (CoC)

The non-bank financing giant Dewan Housing Finance Corp Ltd (DHFL) will go into insolvency proceedings, the central bank said on Wednesday, making it the first financial institution to test the new laws

Alibaba has also chosen the stock code 9988 for its listing, which for Chinese speakers combines two of the luckiest numbers, together symbolising long-lasting prosperity

The RBI has already created a unified department of supervision and a unified department of regulation from November 1 this year

Armaco said it plans to sell 1.5% or about 3 billion shares, at an indicative price range of 30 riyals ($8.00) to 32 riyals, valuing the initial public offer (IPO), at 96 billion riyals ($25.60 billion) at the top end of the range.

There are numerous reasons for this mess. To begin with, retail prices of petrol and diesel hit record highs in October 2018 due to high international crude oil prices

The prospectus said the government will have a \"statutory lockup period\" for disposing of any shares after the listing for six months, and a contractual lockup period for 12 months

Incidentally, some of the accounts linked to Pakistan residents have been claimed since then, as is the case with several other accounts linked to residents from other countries including Switzerland itself