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The big defaulters are the same as for banks. The names include Deccan Chronicle, Essar Port, Gammon, IL&FS, Bhushan Power, Videocon Industries

Aditya Mittal, who is also the chairman of HMEL, spearheads HMEL's expansions into petrochemicals

Prescriptions from top experts in business, economics, politics and taxation

The accounts comprise those of RattanIndia Power, Essar Steel, Ruchi Soya and Prayagraj Power, said UCO Bank MD and CEO, A K Goel

The IBC Amendment Bill 2019 expanded the ambit of the insolvency law by including provisions on interim finance, setting of threshold limit on application by homebuyers and providing immunity to corporate debtor post successful resolution plan

Corporates' debt dsitress has led to a mostly muted scene on India's corporate deal street this year, after a blockbuster 2018, while economic slowdown fears further came in the way for any significant merger and acquisition deals

The 94 scheduled commercial banks, including public sectors lenders, together clocked losses of Rs 23,397 crore in 2017-18 and Rs 32,438 crore in 2018-19

The stake sale and shipping joint venture formation will ultimately impact ArcelorMittal's net debt by $530 million, with $400 million on completion and a further $130 million due in early 2020

State-owned LIC, which is the promoter of the debt-ridden lender with 51 per cent stake, will pump in an additional Rs 4,743 crore to improve the bank's capital position

The tie-up will see RIL's 1,400 existing pump stations being ramped up to 5,500 over five years; it also will increase the lucrative aviation fuel stations from 30 to 45

SBI Chairman Rajnish Kumar said the industry keeps on complaining that banks are not lending and lenders are saying that \"we are ready with funds, you are not borrowing\"

Aditya Mittal, President and CFO of ArcelorMittal, has been appointed Chairman of AM/NS India, and Dilip Oommen has been appointed as its CEO

Stocks in the news: YES Bank, Cipla, Magma Fincorp, JM Financial, Shriram Transport among others are the top stocks to watch out for Tuesday's trading session

ArcelorMittal has arranged the entire fund and is likely to transfer the amount by Monday; after the payment to the lenders, this will be the single-biggest recovery under the IBC

Vedanta, Axis Bank, SBI, Hindalco and YES Bank were among the top gainers on Friday. Dr Reddy, Bharti Airtel, Kotak Bank, Zee Entertainment and Bajaj Auto were among the top losers.

Shares of UCO Bank and Corporation Bank rallied up to 18 per cent in early deals on Friday amid reports that creditors to the bankrupt firm would receive payment soon

More tribunals, more resolution professionals, a higher threshold for the default process to set in from the current level of Rs 1 lakh and streamlining of the appeal process to cut down delays are needed to make the Insolvency and Bankruptcy Code (IBC) more efficient

Vodafone entered India in 2007 with the hope to make big gains in a growing telecom market, but 12 years later that hope stands crushed due to tax hurdles and aggressive competitors

Indian Oil Corp, Bharat Petroleum and Hindustan Petroleum --currently own most of the 66,408 petrol pumps in the country