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3 mins read
Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention
The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…
2 mins read
DPI, bankruptcy law, tax code make India attractive investment destination: WEF official
A combination of policy changes such as bankruptcy law and taxation code and the enabling environme…
PTI
2 mins read
WeWork files for bankruptcy but India's operations not affected
Leading flexible workspace provider WeWork, once valued at $47 billion, has filed for bankruptcy in…
3 mins read
India's real estate rises to Transparent Tier in global rankings; Improvement to help attract major investments
India's real estate sector ranking has improved to the transparent tier in the Global Real Estate T…
ANI
3 mins read
Haircut on cases resolved through IBC not very encouraging, says Kotak report
Haircuts on cases resolved through the Insolvency and Bankruptcy Code (IBC) are still very high, ne…
2 mins read
Real estate sector weighs on IBC but accounts for 18% of total realisations
The real estate sector has accounted for a significant portion of the total realisations under the …
4 mins read
Amitabh Bachchan almost didn’t host Kaun Banega Crorepati! So how did the show’s makers convince Big B?
In the late 1990s, the general perception in India was that television was a step down from films, …
3 mins read
Rise in airfares due to Go First's bankruptcy is temporary says SpiceJet CEO
SpiceJet CEO Ajay Singh on Thursday said there is a need for "more rational airfares" in the countr…
PTI
2 mins read
Gold medalist in central bank Olympics-All you need to know about RBI governor Shaktikanta Das
EU's Christine Lagarde, Cambodia's Chea Serey and Sweden's Erik Thedéen were amongst those receivin…
2 mins read
Vice Media heading for bankruptcy: Reports
The brash digital media disrupter that has charmed giants like Disney and Fox into investing can fi…
ANI
1 min read
Go First resolution professional invites EoIs for the grounded airline
The Resolution Professional (RP) of Go First has invited Expressions of Interest (EoI) for the bank…
PTI
2 mins read
Go First seeks NCLT directions to restrain lessors, regulator from taking any action
Crisis-hit Go First has sought various interim directions from the National Company Law Tribunal, i…
PTI
3 mins read
IBC cases still below FY20 levels – report says this shows India Inc is ‘comfortably placed’
In yet another sign of the good health of corporate India, insolvency cases are still below FY20 le…
3 mins read
Time to push divestment of state-owned banks, says SBI report
With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…
PTI
2 mins read
Mallya now appeals to overturn London High Court's bankruptcy order
Embattled businessman Vijay Mallya, who is based in Britain for over five years, is pursuing appeal…
PTI
2 mins read
India's once-hot startup Byju's was valued at $22 billion. Now, BlackRock says its investment is worth nothing.
The Indian company, once valued at $22 billion, is facing legal and financial troubles. HSBC just w…
Shubhangi Goel
7 mins read
Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty
India is on track to become the world's third-largest economy by 2027, but Narendra Modi faces a pi…
Theron Mohamed
2 mins read
Blackstone to invest $2 bn every year in India; wants quicker M&A clearances
Global private equity major Blackstone Group is confident of investing USD 2 billion annually in In…
PTI
5 mins read
India is an oasis of growth amid a slower global economic landscape, witnessing a once-in-a-generation growth: G20 Sherpa Amitabh Kant
India is witnessing a once-in-a-generation economic growth which can be attributed to radical chang…
ANI
8 mins read
EXCLUSIVE: Many private schools in India are on the brink of bankruptcy and fear that a third wave of COVID-19 could be their end
The worst-hit have been those that focus on pre-primary to middle-level education, and cater t…