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PTI
May 23, 2018



BusinessToday.In
May 23, 2018
The broader NSE Nifty closed 1.01 percent or 106 points lower at 10,430.35, while the benchmark BSE Sensex fell 0.88 percent or 306 points to 34,344.91. Both the indexes fell over 1 percent in the last hour of trading.


BusinessToday.In
May 23, 2018
Sterlite Copper in Tuticorin is facing intense protests from the residents and environmentalists over its decision to double the capacity of its smelter from 400,000 to 800,000 tonnes per year.


PTI
May 23, 2018



BusinessToday.In
New Delhi, May 23, 2018
Govt has right to sell or not to sell Air India if bid price is inadequate: Aviation secretaryCivil Aviation Secretary RN Choubey on Tuesday said the government could decide against selling state-run Air India if it does not get \"adequate\" price for it. While the deadline for submission of Expression of Interest (EoI) ends on May 31, the Secretary said the Request for Proposal could be issued after June 15. He said the highest bidder for the airline would be known by the end of ...


E Kumar Sharma
New Delhi, May 23, 2018
Sterlite Copper CEO talks about what happened on Tuesday and the impact of these developments on the company's plans for the plant.


BusinessToday.In
New Delhi, May 22, 2018
The protesters have been demanding the closure of the unit, which operates a 400,000 metric tonnes copper smelter per year, due to pollution concerns in the area and subsequent health hazards that have been linked to the company.


PTI
New Delhi, May 17, 2018
ArcelorMittal, the only other bidder to have put in a bid for Essar Steel in the first round in February, however, opposed the opening of the second round of bids and wanted only the first round of bids to be considered.


PTI
May 17, 2018



PTI
New Delhi, May 17, 2018
The National Company Law Appellate Tribunal (NCLAT) today admitted the petition of Renaissance Steel challenging Vedanta's bid for debt ridden Electrosteel.


Anand Adhikari
New Delhi, May 16, 2018
Banking haircuts have been in the limelight ever since the Insolvency and Bankruptcy Code has been implemented. However, it has not stopped bankers from trying to get a good deal.


PTI
May 14, 2018



PTI
May 14, 2018



PTI
May 11, 2018



Anand Adhikari
New Delhi, May 8, 2018
Kolkata-based Electrosteel Steels Limited, with debt of Rs 14,000 crore plus, recently became the first company from the dozen large distressed cases shortlisted by the Reserve Bank of India to exit from the Insolvency and Bankruptcy Code (IBC).


Nevin John
New Delhi, May 2, 2018
Its now largely up to the court to facilitate the sale of Essar Steel.


PTI
May 2, 2018



PTI
May 1, 2018



PTI
May 1, 2018



BusinessToday.In
New Delhi, April 27, 2018
There are hundreds of listed companies under the Insolvency and Bankruptcy Code (IBC), where  the existing shareholders are expected to get a raw deal because of the new promoter or successful bidder bringing in fresh equity with a majority control. The existing shareholders will get reduced to a minority in these companies. Watch BusinessToday.In's video where Business Today, Deputy Editor, Anand Adhikari talks about the rights of the minority shareholders.


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