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Everstone-Kenstar deal hits snag; ICICI Prudential MF told to refund investors

General

03 July, 2018

Everstone-Kenstar deal hits snag; ICICI Prudential MF told to refund investors

Private equity firm Everstone Capital’s plans to acquire Videocon group’s home appliances brand Kenstar have hit a roadblock due to ......

UltraTech gets CCI nod for Binani Cement bid; Dalmia Bharat retorts

Manufacturing

28 March, 2018

UltraTech gets CCI nod for Binani Cement bid; Dalmia Bharat retorts

UltraTech Cement Ltd on Wednesday said that it has obtained the Competition Commission of India's approval for its $1.1 billion ......

Vedanta, Tatas among bidders for Electrosteel; Godrej Fund eyes Thane IT park

General

05 January, 2018

Vedanta, Tatas among bidders for Electrosteel; Godrej Fund eyes Thane IT park

Mining billionaire Anil Agarwal’s Vedanta Group and the diversified Tata Group are among the bidders in race to buy debt-laden ......

What the Gujarat High Court's order on Essar Steel-RBI tussle means

Opinion

24 July, 2017

What the Gujarat High Court's order on Essar Steel-RBI tussle means

The Gujarat High Court has made its observations on several intriguing issues concerning the Insolvency and Bankruptcy Code, 2016, while ......

Govt fast-tracks insolvency process for startups, small companies

TMT

17 June, 2017

Govt fast-tracks insolvency process for startups, small companies

The Insolvency and Bankruptcy Board of India (IBBI) has notified new norms expediting insolvency resolution for startups, small companies and ......

Why vendors lack credible standing in M&A and bankruptcy situations

Finance

01 June, 2017

Why vendors lack credible standing in M&A and bankruptcy situations

In recent months, a few incidents have come to light where vendors or trade creditors to a company sought criminal ......

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Will the new ordinance help banks clean up the bad-loan mess?

Finance

23 May, 2017

Will the new ordinance help banks clean up the bad-loan mess?

When a new government takes office, it usually inherits a sizeable baggage from the previous regime. Three years ago, when ......

All you wanted to know about the draft guidelines on India's new bankruptcy code

General

12 October, 2016

All you wanted to know about the draft guidelines on India's new bankruptcy code

On Tuesday the government issued fresh draft guidelines that will help put India’s bankruptcy code into action. The government has ......