In a bid to enhance corporate governance, the capital markets regulator extended the Business Responsibility Report (BRR) requirement to top 1,000 companies, from 500 presently

The Indian telecom operators owe the government nearly Rs 1.47 lakh crore in license fee (LF) and spectrum usage charges (SUC). Of this, license fee amounts to Rs 92,642 crore as of July this year, while SUC stood at Rs 55,054 crore as of October end this year

Bharti Airtel, Bharti Infratel and private equity firm Varde Partners have already submitted their bids for assets of Reliance Communications, while Reliance Jio has sought extension of the asset sale deal deadline by another 10 days.

The banking sector, which is already under stress because of deteriorating asset quality in the last five years, will see further losses. In addition, the mutual fund industry too would get impacted

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Yes Bank may either go for the two-week average or a six month average while deciding on the price for the share sale, chief executive Ravneet Gill said

Even though Gangwal stands on thin ice if the powers entrusted in the shareholders' agreement are considered; Bhatia has much more to lose if this matter escalates further

By October, with the IPO abandoned and WeWork bleeding cash, co-founder Adam Neumann found himself late on a Sunday evening pleading with his company's largest lender for a $5 billion lifeline

Gurugram-based Alok Kumar Agarwal has been appointed the interim resolution professional by the NCLT to oversee the travel company's affairs.

Money stuck for nearly a month, PMC Bank depositors stare at uncertain futureNearly a month after the RBI clamped down on the operations of scam-hit PMC Bank, the depositors say their woes have only worsened, with some unable to pay school fees of their wards, while others finding it difficult to meet medical expenses. Many fear that they might lose their lifetime earnings deposited in savings accounts, or in the form of fixed deposits. So far, three depositors have lost their liv...

The bank said the financial assets were showcased on October 12 and the e-auction will take place on November 7.

Though the Manpasand scam came to light only this year, Mumbai-based 2Point2 Capital had raised a red flag about the company way back in 2016

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

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

If the RBI is satisfied with progress that the bank can get back to shape in a short period, it will free the bank from its clutches

SBI has asked the RBI if it can offer long-term home loan at a fixed rate for the first few years followed by a repo-linked floating interest rate

When many billionaires surrendered their businesses to the Insolvency and Bankruptcy Code (IBC) -- Suzlon head Tulsi Tanti managed to scrape through the financial difficulties. The situation is not same as before

Lenders to Dewan Housing Finance Ltd are now planning to infuse fresh funds to the tune of Rs 7,000 crore into the company to ensure that it's SMA-2 loans, where interest payment is delayed for 60-89 days, do not slip into NPA category