Credit rating downgrades up 6.4% bps in second half of FY23: Crisil
The CRISIL Ratings credit ratio — of upgrades to downgrades — moderated to 2.19 in the second half of fiscal...
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Auction for Reliance Capital now on 11 April; Torrent, Hinduja, Oaktree in fray
In a big boost to the insolvency resolution process of Reliance Capital, three bidders have agreed to participate in the...
Adani Ports and SEZ acquires Karaikal Port for Rs 1,583 crore
Adani Ports and Special Economic Zone Ltd (APSEZ) has completed the acquisition of Karaikal Port Private Limited (KPPL) after the...
Jindal Saw acquires Hyderabad-based Sathavahana Ispat for Rs 694 crore
The National Company Law Tribunal has approved the Rs 694 crore resolution plan of Jindal Saw Limited for Hyderabad Sathavahana...
“Sintex buy to help Welspun reach more households nationwide”
Welspun has acquired the plastic industry market leader Sintex BAPL through the corporate insolvency resolution process. The deal marks a...
Zee Entertainment settles insolvency dispute with IndusInd Bank
Zee Entertainment Enterprises Ltd and IndusInd Bank have entered into a settlement agreement by which all disputes and claims have...
Norwegian firm acquires Lanco Mandakini Hydro Energy; fully pays financial creditors
Norwegian power company Statkraft IH Holding AS, a 100% subsidiary of Statkraft AS, has got a go-ahead from the National...
Supreme Court says borrowers must be heard before declaring them fraud
The Supreme Court of India in a very important verdict has said that the principles of natural justice demand that...
Second round of auction for Reliance Capital on 2 April
In a glimmer of hope for Reliance Capital lenders and other stakeholders, the second round of auction might see the...
Reliance Capital stares at liquidation as lenders pull out auction process
Reliance Capital is staring at liquidation after all the bidders have shown reluctance to go ahead with the next round...