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Family offices, top firms join Brookfield in $1.9-bn Reliance gas pipeline deal

Infrastructure

20 March, 2019

Family offices, top firms join Brookfield in $1.9-bn Reliance gas pipeline deal

A group of family offices and companies have participated in Canadian investor Brookfield Asset Management Inc.'s deal to buy a ......

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ARCs, stressed asset investors look for deals as banks auction $3.6 bn of bad loans

Finance

19 March, 2019

ARCs, stressed asset investors look for deals as banks auction $3.6 bn of bad loans

Asset reconstruction companies (ARCs) and other investors may pursue distressed assets more actively in coming weeks as banks auction more ......

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Debt-laden Garden Silk may draw interest from asset reconstruction firm

Manufacturing

12 March, 2019

Debt-laden Garden Silk may draw interest from asset reconstruction firm

Garden Silk Mills Ltd is likely to evince interest from an asset reconstruction company as its biggest lender will soon ......

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Credit reporting firm Equifax India set to see shareholding churn

Finance

22 February, 2019

Credit reporting firm Equifax India set to see shareholding churn

US-based consumer credit reporting firm Equifax Inc.’s Indian subsidiary is set to go through a churn in its shareholding with ......

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Why the latest capital infusion into ailing government banks may not help much

Finance

21 February, 2019

Why the latest capital infusion into ailing government banks may not help much

On Wednesday, the government approved an infusion of Rs 48,239 crore ($6.8 billion) into 12 state-run banks, as part of ......

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Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO

Finance

30 January, 2019

Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO

Dena Bank, one of the weakest public-sector lenders, has posted losses for three financial years in a row, and is ......

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How Dena Bank plans to clean up its books before merger with Bank of Baroda

Finance

23 January, 2019

How Dena Bank plans to clean up its books before merger with Bank of Baroda

Public-sector lender Dena Bank is aiming to auction off non-performing assets (NPAs) worth up to Rs 2,500 crore ($350 million) ......

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Vijaya Bank CEO on challenges, benefits of merger with Bank of Baroda, Dena Bank

Finance

07 January, 2019

Vijaya Bank CEO on challenges, benefits of merger with Bank of Baroda, Dena Bank

In September last year, the government decided to merge state-run lenders Bank of Baroda, Dena Bank and Vijaya Bank as ......

HDFC Bank to acquire Bank of Baroda's stake in Clearing Corporation

Finance

20 November, 2018

HDFC Bank to acquire Bank of Baroda's stake in Clearing Corporation

HDFC Bank, India’s most valued lender, has agreed to buy state-run Bank of Baroda’s stake in Clearing Corporation of India ......

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Job crisis: How India's biggest corporate employers fared in recent years

General

01 October, 2018

Job crisis: How India's biggest corporate employers fared in recent years

In 2014, the Bharatiya Janata Party and its leader Narendra Modi promised to create 100 million new jobs if voted ......