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Total 57 results found. Search for [ insolvency against power companies ]

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Nevin John
New Delhi, September 17, 2018
Lessons from the failure of some of India's biggest business names.


BusinessToday.In
September 12, 2018
Defaulting companies in the power sector as well as some sugar, shipping and textile companies that had seemed destined for bankruptcy court under the RBI's new norms on stressed assets got a last-minute breather from the Supreme Court yesterday.


BusinessToday.In
New Delhi, September 12, 2018
The SC order will also buy the stressed shipping and sugar companies, which had approached the top court against the order, some more time.


BusinessToday.In
New Delhi, August 27, 2018
As per the RBI's February-12 circular, the over 70 defaulting companies had been given six months starting from March, following which financial creditors were supposed to move the NCLT against them.


PTI
New Delhi, August 24, 2018
There are about 34 stressed power projects and the combined value of their outstanding loans is about Rs 1.74 lakh crore.


BusinessToday.In
August 12, 2018
PM Modi argued that when investment in infrastructure projects like, making roads, laying down rail lines, setting up power generation is at all-time high, how come the jobs will not be created.


Dipak Mondal
New Delhi, August 6, 2018
The Insolvency and Bankruptcy Code can lead to huge job losses in the short to medium term as many companies, including some big names, face liquidation.


PTI
July 15, 2018
Last financial year, PNB made recovery of about Rs 5,400 crore. However, in the first quarter of current fiscal, the bank has done recovery of over Rs 7,700 crore.


BusinessToday.In
June 22, 2018
Back in February, when the Reserve Bank of India introduced its revised framework for resolution of stressed assets, the banking sector and beleaguered companies alike were left shaking.


Nevin John
New Delhi, June 16, 2018
Under the Insolvency and Bankruptcy Code, the sale process has almost been completed in three cases -- Bhushan Steel, Electrosteel Steels and Monnet Ispat and Energy. There is less clarity in the other cases when the 270 day timeframe for resolution ends around now.


BusinessToday.In
June 13, 2018
Billionaire Gautam Adani's group company has offered about Rs 6,000 crore to emerge as the highest bidder for acquisition of bankruptcy-hit edible oil firm Ruchi Soya, media reports said.


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?


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.


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.


Anand Adhikari
New Delhi, May 28, 2018
The RBI's move to clean up bank balance sheets has made close to half a dozen banks nearly dysfunctional. There is little hope of their recovery in the near term.


Prosenjit Datta
New Delhi, May 28, 2018
While IBC and GST are game changers, most policy moves of the Modi government in four years are work in progress


Nevin John
May 18, 2018
The total market value of the Anil Ambani's Reliance Group companies comes to around Rs 36,000 crore now, compared to aggregate peak values of over Rs 4 lakh crore.


Nevin John
April 20, 2018
It's tough to conclude the resolution process in at least half of the 12 big loan defaulters within the 270 days time frame allowed under the Insolvency and Bankruptcy Code (IBC).


Nevin John
New Delhi, April 2, 2018
JSW Steel and Tata Steel are fighting to claim the top slot by building new capacities and scooping up sick assets.


Nevin John
New Delhi, March 29, 2018
ArcelorMittal, one of the two bidders who had submitted the bid in the first round, says it doesn't mind fresh bids.


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