With the post-lockdown economy still to pick up, highly leveraged companies are looking at ways to reduce debt

Of this, 1,604 cases have been settled by the tribunals across the country by finding a new buyer, commencing liquidation, or allowing voluntary withdrawals

As Mukesh Ambani's children play a greater role in Reliance Industries, the group is adding muscle to its digital, retail and petrochemicals businesses

Minority shareholders of Vedanta can now choose as to how they want to proceed - they have a choice to either participate in the reverse book-building offer or not; both decisions come with their own consequences

Reliance said it expects to achieve a peak output of around 28 million standard cubic metres per day by FY24 when all three projects are up and running

The decline in gross NPAs from 11% to 9% during 2018-19, and higher recovery through IBC in visibly large cases, made almost everybody believe the worst was over

As the country fights COVID-19, industry leaders step in to show commitment to both their workers and society at large

RIL and its joint venture partner BP Plc are investing Rs 35,000 crore to develop three fields - R Series, Satellite & MJ. The JV is slated to commence commercial production from R-Series in June this year

Jindal Stainless has seen an improvement in the net debt-equity ratio which stood at 1.3 as on December 31, 2019, as compared to 3.2 as on March 2017

Out of Rs 9,870 crore worth of claims, the creditors have received a princely sum of Rs 96 crore - that is right. Less than 1% after more than one year of running around, which will not compensate even the expenses incurred by the creditors

JSW Steel's steelmaking capacity will increase to 21.5 MT from 18 MT post Rs 19,700 crore acquisition of Bhushan Power and Steel

A bulk of the bank's NPAs are facing the bankruptcy proceedings where adequate provisions have been made. The bank expects to get the benefit of write-backs as and when the recovery takes place

Reliance-BP is likely to offer as much as 5 million standard cubic meters per day of natural gas for bidding from newer discoveries in KG-D6 in next few days

For the whole year (2019), ArcelorMittal reported a net loss of USD 2.5 billion as against net income of USD 5.1 billion in 2018

Rosneft, the majority owner of India's second-biggest private oil refinery, is keen to expand in the world's third-largest and the fastest-growing energy market

Budget 2020 wishlist: The first big measure regarding banking sector that many are expecting Finance Minister Nirmala Sitharaman to announce in her second Budget speech is a hike in deposit insurance cover

A bulk of these downgrades happened over the last three years. Any downgrade is not good because the pricing (interest rate) takes place based on the rating profile of the corporate

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

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