Andhra Bank
Healthcare
Gujarat pharma firm to hit the rocks three years after bankruptcy
A Vadodara-based pharmaceuticals company, which entered insolvency three years ago, will collapse into liquidation as the apex court has refused ......
General
Grapevine: Microsoft may invest in Paytm; Union Bank may pare stake in insurance JV
Digital payments firm Paytm is in talks with US technology giant Microsoft to raise $100 million (about Rs 760 crore ......
General
Grapevine: Lee Fixel, Kae Capital plan new funds; Warburg, Goldman may make PE bets
Former Tiger Global Management executive Lee Fixel is looking to invest around $1 billion (Rs 7,149 crore at current exchange ......
Finance
Govt unveils big-bang plan to merge state-run banks
The government will merge 10 state-run banks into four as part of a big consolidation drive to clean up the ......
Finance
PNB may take control of two-three smaller state-run banks
India's Punjab National Bank could take control of two or three small state-run banks, that could include Oriental Bank Of ......
Finance
Sterling Biotech faces liquidation; lenders, promoters may challenge NCLT ruling
In a setback for the lenders of Sterling Biotech, the Mumbai bench of the National Company Law Tribunal (NCLT) has ......
Finance
Tribunal questions lenders' acceptance of settlement offer for Sterling Biotech
The National Company Law Tribunal has raised suspicion on the lenders’ acceptance of a one-time settlement offer from the absconding ......
General
ArcelorMittal eyes Essar port, plant; GIC, Mitsubishi vie for GMR Airports stake
Essar Group held talks with ArcelorMittal over the sale of its port and power plant at Hazira in Gujarat, The ......
General
Transit Capital to raise debut fund; Andhra Bank board okays stake sale in JVs
Venture firm Transit Capital is in talks to raise up to $60 million (Rs 438 crore) for its debut fund, ......
General
Stressed assets: Punj Lloyd case begins; NCLT says review bid for Alok Industries
Indian banks are grappling with nearly $150 billion in bad loans and the various branches of the National Company Law ......
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