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Total 810 results found. Search for [ insolvency ]

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PTI
June 11, 2018



PTI
June 11, 2018



PTI
June 11, 2018



Dipak Mondal
New Delhi, June 11, 2018
After Tata Steel successfully bid for Bhushan Steel under the Insolvency and Bankruptcy Code by paying Rs 35,000 crore -- or 78% of the total dues of Rs 45,000 crore -- many believed that the resolution was just a flash in the pan.


Nevin John
New Delhi, June 11, 2018
He has been buying stressed assets across the world for the last five years. Now NRI Sanjeev Gupta has turned to India. Who is this man and will he succeed?


Anand Adhikari
New Delhi, June 11, 2018
The bankruptcy proceedings would force Indian banks to book heavy losses. They are now focussed on mini- mising the damage


Manu Kaushik
New Delhi, June 11, 2018
The scale of value destruction in the telecom sector has been huge. Only sensible policies and practices can save it now.


Prosenjit Datta
New Delhi, June 11, 2018
In a freewheeling interview with Prosenjit Datta, he talks about how GST has helped his textile business, the philosophy behind the brand strategy, why he did not diversify into newer areas, the future of textiles and the Arvind Group, and finally, what he sees as the role of the promoter of a business vis-a-vis the role of professionals.


BusinessToday.In
June 11, 2018
The stock rose as much as 4.94% to hit an intra day high of 13.38 in trade today. The stock has been losing for the last five days and has fallen 18.67% during the period.


BusinessToday.In
June 11, 2018
Currently, the Central bank has put 11 out of 27 public sector banks or PSBs  - which together account for three-fourth of the banking assets - under the PCA framework. Among the banks that could be put under the RBI's PCA framework are Punjab National Bank, Union Bank of India and Syndicate Bank.


PTI
June 10, 2018



PTI
New Delhi, June 9, 2018
From the two stressed assets' list referred for resolution under IBC by the Reserve Bank of India, the bank's total exposure was around Rs 78,000 crore. The bank had filed 250 cases under IBC with a total exposure of Rs 95,000 crore.


PTI
New Delhi, June 9, 2018
The data available with the BSE shows that 75 firms, including Bhushan Steel, Jaypee Infratech, Electrosteel Steels, Monnet Ispat & Energy, are undergoing insolvency process as per the Insolvency and Bankruptcy Code (IBC).


PTI
June 9, 2018



BusinessToday.In
June 9, 2018
Finance Minister Piyush Goyal on Friday said that the committee will make recommendations on setting up of an asset reconstruction or asset management company for faster resolution of stressed accounts, and most of the stressed assets have been identified that could fit into the ARC or AMC structure.


Maulik Sanghavi
New Delhi, June 8, 2018
A cash crunch need not mean that insolvency is around the corner. CFOs and CEOs must simply apply quick litmus tests and avoid knee jerk reactions to keep a company in the pink of financial health


PTI
June 8, 2018
The International Monetary Fund (IMF) has said addressing the ongoing crisis in the banking sector was important for India to support investment and inclusive growth agenda.


Anand Adhikari
New Delhi, June 8, 2018
Though the development offers some relief to the distraught home buyers and the defaulting promoters of micro, small and medium enterprises (MSME), it still leaves room for ambiguity and legal challenges.


BusinessToday.in
New Delhi, June 7, 2018
Dipak Kumar Mondal, Senior Associate Editor, Business Today, speaks about government's decision to recognise homebuyers as financial creditors under the Insolvency and Bankruptcy code. This comes as a big relief for thousands of home buyers. Here is how it will impact them.


BusinessToday.In
June 7, 2018
The country's largest state-run lender State Bank of India (SBI) had filed separate insolvency proceedings against two Videocon group companies, which were part of the second list of big corporate defaulters put out by the Reserve Bank of India (RBI).


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