As debt-laden distressed companies fall by the wayside, some cash-rich large companies are practically monopolising their sectors

How Chairman N Chandrasekaran is revamping the $106 billion group into a future ready, tech enabled conglomerate

Vedanta's oil and gas arm, Cairn Oil & Gas produces about 3.5 million standard cubic meters per day of gas from its largely oil-bearing block in Rajasthan

The board of ONGC at its meeting on February 13 approved creation of a new wholly-owned subsidiary company for gas and liquefied natural gas (LNG) business value chain, according to the firm's third quarter earnings announcement

Private equity and stressed asset funds continue to show interest in acquiring value assets undergoing insolvency proceedings despite delays and litigation

If Agarwal's Vedanta buys BPCL, it will pit him directly against Reliance Industries Chairman Mukesh Ambani in the oil sector

The 15 most-indebted non-BFSI companies had a combined debt of Rs 10 lakh crore in FY20, a 15 per cent increase over the previous year, and their troubles seem to be far from over

Era Infra sees no immediate closure even after three years, as litigation and procedural delays slow down the insolvency process

The committee of creditors is yet to approve either of the two resolution plans that the Era Infra resolution professional has received so far - the reason being legal disambiguity of the resolution plans submitted

Within days of acquiring Essar Steel under an insolvency process, AMNSIL had made an application to the Gujarat Maritime Board requesting that the licence be transferred to them

The industry was earlier talking about a bloodbath in the first quarter as most of the factories and sales units were shut due to coronavirus outbreak and the resultant lockdowns. But the recent performance updates released by the companies indicate that some of the sectors have been able to survive

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

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

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