New Delhi, Dec 6 () Lenders to Jaypee Infratech Ltd will have to take a haircut of over Rs 3,700 cr…

On September 12th, the Supreme Court issued a directive that imposed a stay on all bankruptcy pr…

Jet Airways’ lenders have given up hope of saving it from bankruptcy, as they have moved th…

As a result, the creditors of IL&FS, which include many of India’s public sector banks such…

The airline stalled operations on April 17 after the State Bank of India (SBI) refused to ex…

After a rescue plan for stressed power assets involving a joint venture by state-owned firms like N…

Now, however, it looks like something similar is at least being contemplated if Greece cannot get t…

But for each of those programs, inflation wouldn't solve the government's financial problems. It wo…

This is where the negotiating power comes in. Now that the country has a new, more market-friendly …

The IMF, however, may have given Varoufakis some cover on Thursday, writing in a report that it exp…

Argentina, for its part, does not accept that it is in default at all. This is why Argentina tried …

"Argentina does not need to settle with the holdouts because it already won," Federico Tomasevich, …

"Sustainable path of economic growth" is code for creditors making concessions, like taking a hairc…

The idea that more creditors would jump into the case has come up before in an even more bizarre ma…

West Germany would prove to be a useful ally, economically and politically, against the Soviet Unio…

That's pretty much the key demand Greece has been making all along. Finance Minister Yanis Varoufak…

There has been little precedent for the classification of ULTGOs as general unsecured debt. The [em…

Don't Miss: History has seen worse economic collapses than what Greece is currently experiencing » …

"Please, listen, if something happens to me, and I say this very seriously, if something happens to…

The court will also help the city figure out ways to raise some of the money it owes. Emergency man…