By Suvashree Ghosh Creditors to a struggling Indian shadow financier, once controlled by former billionaires Shivinder Singh and Malvinder Singh, are finalizing a rare debt
The government is likely to reduce spending for the current fiscal year by as much as Rs 2 lakh crore ($27.82 billion) as it faces
A secured creditor cannot sell assets of a company undergoing liquidation process to any person barred from submitting an insolvency resolution plan, as per a
NTPC has reportedly outbid Adani for Avantha’s 600 MW Jhabua power plant in Madhya Pradesh, offering to pay Rs 1,900 crore, two and a half
The huge credit gap in the MSME sector is a good business opportunity, but care must be taken to ensure a borrower is not overleveraged.
The Supreme Court rejected the government’s plea challenging the telecom appellate tribunal’s order directing refund of Rs 104.34 crore to Reliance Communications (RcomNSE 0.00 %).