The Supreme Court on November 15 allowed the bankruptcy courts are free to relax the 330-day deadli…

India’s new bankruptcy law is providing what the country now needs - a way for creditors to gain wh…

The ultimate discretion on distribution of funds was with the Committee of creditors, the SC ord…

New Delhi, Jan 14 () Bhuwan Chandra Tripathi, former chairman and managing director of state-owned …

Essar said it has made capital investments of over Rs 2 lakh crore (about USD 28 billion) in secto…

"No functional director of the company including the chief executive who has retired/resigned from…

New Delhi, Dec 13 () Global steel giant ArcelorMittal has initiated payment for acquisition of debt…

India’s Finance Ministry is sitting on a new amendment to the bankruptcy law. That might be a big…

"AMNS Luxembourg Holding S A (AMNS), the parent company of the AMNS India joint venture between Nip…

Stating that the Group plans to do a lot more for the community to play its part in being good cor…

In a post titled, “Two years of insolvency and Bankruptcy Code (IBC),” Jaitley said that as much…

The move is part of Vedanta’s integration of its newly-acquired steel company. Electrosteel …

The decision caps an eight-month long saga which saw the company vy for the prized assets of …

However, ArcelorMittal’s bid was subject to one condition - it said it would only pay the outs…

A fresh round of bidding for the indebted Essar Steel - which was one of the first 12 accounts iden…

Essar exits BPO business, sells Aegis to Capital Square Partners

The all-cash deal will give Rosneft and its partners control of Essar's 20 million tonne refinery i…

SBI, which is the lead bank for all the three steel companies, has called a meeting of the jo…

Now that LIC has taken a stand, it remains to be seen whether the all-cash transaction gets all the…

Its bad loans ratio widened in the three months to stand at 6.82 percent of total lending at the en…