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In charts: The big Indian business houses that have virtually crumbled

Finance

18 July, 2019

In charts: The big Indian business houses that have virtually crumbled

For the past several months, Dewan Housing Finance Corp Ltd has been struggling to survive. The Kapil Wadhawan-led company reported ......

Govt to investigate Jet Airways over alleged funds mismanagement

Infrastructure

05 July, 2019

Govt to investigate Jet Airways over alleged funds mismanagement

 India ordered an investigation on Thursday into alleged mismanagement of funds at Jet Airways, which halted operations in April after ......

Stressed assets: RBI panel focuses on SMEs; Orchid, GMR unit set to change hands

General

28 June, 2019

Stressed assets: RBI panel focuses on SMEs; Orchid, GMR unit set to change hands

For the past two years, the Reserve Bank of India has been focusing mainly on the biggest stressed assets in ......

Stressed assets: NCLT gets more judges; Jet Airways finally lands into bankruptcy court

General

21 June, 2019

Stressed assets: NCLT gets more judges; Jet Airways finally lands into bankruptcy court

In a development that will help ease the burden of bankruptcy courts and expedite the resolution of distressed assets, the ......

NCLT admits SBI's insolvency plea against Jet Airways

Infrastructure

20 June, 2019

NCLT admits SBI's insolvency plea against Jet Airways

The National Company Law Tribunal (NCLT) on Thursday admitted an insolvency plea filed by State Bank of India (SBI) against ......

Jet Airways' lenders to take grounded carrier to bankruptcy court

Infrastructure

17 June, 2019

Jet Airways' lenders to take grounded carrier to bankruptcy court

Jet Airways' creditors said on Monday they plan to begin insolvency proceedings against the Indian airline in a last-ditch bid to ......

Stressed assets this week: Amtek Auto starts afresh, Orchid Pharma faces a twist

General

15 June, 2019

Stressed assets this week: Amtek Auto starts afresh, Orchid Pharma faces a twist

On June 14, 2017, the Reserve Bank of India asked banks to take the 12 biggest debt defaulters to bankruptcy ......

Amid Jet crisis, India's aviation minister confident of fixing airline capacity shortage

Finance

14 June, 2019

Amid Jet crisis, India's aviation minister confident of fixing airline capacity shortage

India's new civil aviation minister said on Friday he is confident that airline capacity shortage problems following the grounding of ......

Jet Airways to be removed from trading in NSE's futures and options market

Finance

12 June, 2019

Jet Airways to be removed from trading in NSE's futures and options market

The National Stock Exchange of India (NSE) said on Wednesday contracts of Jet Airways Ltd would be pulled out of ......

Grapevine: OYO may raise $1 bn; DHFL promoter in sale talks with Apollo Global

General

11 June, 2019

Grapevine: OYO may raise $1 bn; DHFL promoter in sale talks with Apollo Global

Hotel chain OYO Hotels & Homes is looking to raise $1 billion (Rs 6,945 crore at current exchange rate) in ......