PVR Q2 results: The total expenses of the company rose 37.41 per cent to Rs 905.75 crore in September quarter as compared to Rs 659.14 crore in the same quarter last year

The NCLAT in its order has said that the ED has no jurisdiction to attach the property of a corporate debtor especially when an appeal is pending against such an attachment.

Bandhan Bank share price rose 8.92% intraday to Rs 618.10 compared to the previous close of Rs 567.50 on BSE. Bandhan Bank share price has gained 26% during last one year and gained 8.8% since the beginning of this year.

Abhishek Singh, Director, Manpasand Beverages, in an interview with Business Today, has said that the allegations made against his company are 'baseless'.

The attachment order came after two banks - Punjab National Bank and  Allahabad Bank - had earlier accused the ex-promoters and directors of Bhushan Power and Steel of fraudulently availing loans worth over Rs 5,500 crore.

Bandhan Bank share price rose 20% intraday after Motilal Oswal said in a tweet that the commercial bank would be added to MSCI Global Standard Index with effect from October 16

The committee of creditors (CoC) met on Wednesday to take stock of the resolution process and discuss the valuation report. The CoC are likely to vote on Haldiram's bid in the third week of October

Synergy Group Corp has sought time till November 30 as the group could not find any Indian partner

Extending its previous session losses, HDIL share price declined as much as 4.73 per cent to hit its lower circuit limit of Rs 3.02 on the BSE, which was also its 52-week low and settled at the same price

While the priority for the Economic Offences Wing of the Mumbai Police is to interrogate the arrested parties involved in the Rs 4,355 crore loan fraud at the Punjab and Maharashtra Co-operative (PMC) Bank, the buzz is that the findings of the auditors submitted in past financial reports may also be scrutinised as part of the investigations

Care Ratings has downgraded Patanjali's long-term bank facilities to A- from A+. The agency has also placed the ratings on \"Credit Watch with Negative Implications\"

According to the letter, 450 HDIL homebuyers have paid a total of Rs 350 crore to the bankrupt realtor for a suburban Mulund project, which has been stuck for nine years now. 

The IL&FS board met 25 times in the last year -- almost twice every month; they also strengthened the management team, conducted a forensic audit and managed cost rationalisation

MCA Secretary Injeti Srinivas says there have been reports of misuse of the insolvency law by some homebuyers, who have now been given the status of financial creditors

Three years down the line, resolution professionals have been able to dissolve just 11 companies until June under the Insolvency and Bankruptcy Code

The shareholder, who claimed to be a corporate lawyer from the city, also said he has lost over 90 percent of the value of over Rs 3 crore investment in three of the seven Reliance Group companies.

PMC Bank crisis: Of the Rs 8,880-crore loan book (as of September 19, 2019) that PMC had, more than Rs 6,500 crore or over 73 per cent of the assets are with the bankrupt HDIL group only.

Parekh says the perception about the entire sector witnessing a slump was wrong as phenomenal sales were happening in the affordable and mid-market segment

The National Company Law Appellate Tribunal (NCLAT) has allowed the Dutch court administrator of Jet Airways to attend the Committee of Creditors (CoC) meetings of the debt-ridden carrier

The Jet Airways Resolution Professional had moved the NCLT on September 20, seeking directions to the banks, who own 51 per cent in the airline since March, to release interim funds