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Management guru Ram Charan on root cause of scams in India Inc and how to fix it

Finance

04 November, 2019

Management guru Ram Charan on root cause of scams in India Inc and how to fix it

Whether he is advising global chief executives on leadership matters or speaking about the need for greater transparency and accountability, ......

Dewan Housing proposes converting debt to equity under draft resolution plan

Finance

30 September, 2019

Dewan Housing proposes converting debt to equity under draft resolution plan

India’s crisis-hit shadow bank Dewan Housing Finance Ltd (DHFL) has submitted a draft resolution plan proposing to convert debt to ......

PE-backed Altico Capital evaluating options after default

Finance

23 September, 2019

PE-backed Altico Capital evaluating options after default

India’s Altico Capital said on Sunday it was evaluating options to resolve its liquidity issues, following its recent default on ......

Dewan Housing assures lenders of no haircuts; Deloitte resigns as auditor

Finance

06 August, 2019

Dewan Housing assures lenders of no haircuts; Deloitte resigns as auditor

India's debt-laden shadow bank Dewan Housing Finance Corporation Ltd (DHFL) on Tuesday said its creditors would not have to take ......

Retired SC judge should monitor all IL&FS asset sale proceedings: NCLAT

Finance

11 January, 2019

Retired SC judge should monitor all IL&FS asset sale proceedings: NCLAT

The National Company Law Appellate Tribunal (NCLAT) on Friday recommended that all future proceedings pertaining to the transfer of assets ......

IndusInd Bank calls off acquisition of IL&FS' securities services arm

Finance

13 November, 2018

IndusInd Bank calls off acquisition of IL&FS' securities services arm

Private-sector lender IndusInd Bank Ltd has terminated its agreement to acquire IL&FS Securities Services Ltd (ISSL) from debt-laden parent Infrastructure ......

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IL&FS PE exits Indore residential project at a loss

Infrastructure

13 September, 2017

IL&FS PE exits Indore residential project at a loss

A real estate fund managed by private equity firm IL&FS Investment Managers Ltd has fully exited its 10-year-old investment in ......