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India puts a pause on new bankruptcy cases for a year — and other changes that will cap the rise in bad loans
"Any indebted situation that comes up because of coronavirus will not be considered as ‘default’ an…
India badly needs bankruptcy experts — and this course could be your ticket to a hot, new career
India has a huge, emerging sector for helping distressed and bankrupt companies come out of financi…
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
From interest rates to China's slowdown, these are the issues that will make 2024 another 'rocky year,' Harvard economist says
"Don't be surprised if 2024 turns out to be a rocky year for everyone," Kenneth Rogoff wrote for Pr…
Filip De Mott
Will Reliance Capital lenders get their dues fast or will there be legal delays
With another round of bidding for Reliance Capital Ltd slated later this month, the question is whe…
From an industry leader to a defaulter: Rise and fall of Venugopal Dhoot
Starting with a family, which had a dealership of Bajaj Auto's scooters, to becoming the owner of a…
PTI
6 troubling questions about the Corizon bankruptcy deal
An undisclosed romantic relationship, a secret data breach, payments to insiders, "dishonest" testi…
Dakin Campbell,Nicole Einbind…
Bitcoin dips below $19,000 in broad crypto sell-off as Three Arrows liquidation sends ripples through the market
The risk asset sell-off and the liquidation of troubled hedge fund Three Arrows Capital helped driv…
George Glover
Indian banks could have more than ₹10 lakh crore non-performing assets by March 2022
The gross non-performing assets (GNPAs) of banks are expected to cross ₹10 lakh crore by March 2022…
Coronavirus will hit IBC realisations by 30-40% as government suspends new proceedings
The outbreak of Covid-19 pandemic and the suspension of new proceedings under the Insolvency and Ba…
IBBI proposes simultaneous CoC voting on two or more resolution plans
"However, this should not be a hurdle towards the main aim of maximisation of value in resolution.…
PTI
2019: NCLAT passed several judgements but many of them failed Supreme Court perusal
New Delhi, Jan 1 () Whos who of the corporate world - from Reliance to Tatas to ArcelorMittal - wer…
PTI
From IndusInd to ICICI Bank to SBI — banks were among the worst-hit despite the government pause on new bad loans
IndusInd Bank, ICICI bank, HDFC bank and SBI were most the top 10 losers on Nifty Bank. Not a singl…
A former top Trump adviser says partial economic shutdowns may be needed as 'some places are too open'
Kevin Hassett, former economic adviser to Trump, said partial lockdowns could help contain the viru…
Joseph Zeballos-Roig
India's Finance Minister reveals the final lot of Modi's economic stimulus programme
The fifth tranche of stimulus measures to revive India's economy revealed today. This is part of th…
Bank stocks hit hard; tumble up to 10 pc
IndusInd Bank was the top laggard in the Sensex pack, cracking 10 per cent, RBL Bank dropped 9.55 …
PTI
Stocks could stage 'modest' correction over next 2 weeks if economic data sours, JPMorgan says
Data on July payrolls and retail spending is set to arrive before a stimulus and could drag on the …
Ben Winck
10 things you need to know before the opening bell
This is what traders are talking about.
Saloni Sardana
Forced lending to cripple banks; NPAs to soar by up to 600 bps in 2 yrs: Fitch
On the likely NPA pains, the report said "impaired-loans recognition will now take longer, and the…
PTI
India's banking regulator will draft new guidelines for bad loans after the Supreme Court revoked its Feb 12 order
After the Supreme Court struck down the central bank’s February 12th circular on bad loans, many th…