bank of Baroda

Jet Airways

Bank of Baroda emerges top bidder for Jet Airways prime BKC Office

Public sector lender Bank of Baroda has emerged as the highest bidder for Jet airway’s prime second-floor office space in...

Sahara Hospitality

18 ARCs in race for stressed loans of Sahara Hospitality: Report

As many as 18 asset reconstruction companies (ARCs) have submitted expressions of interest (EoIs) to acquire the ₹1,728.58 crore stressed...

IL&FS makes interim payment of Rs 5,000 crore

IL&FS Group to make interim payment of Rs 5,000 crore to creditors

IL&FS Group companies have initiated an interim distribution of Rs 5,000 crore – including Rs 3,500 crore of Infrastructure Investment...

Go First

NCLT orders liquidation of low-cost airline Go First

The National Company Law Tribunal (NCLT) has ordered the liquidation of the grounded low-cost airline, Go First. The decision was...

Adani Power

Sarda Energy and Minerals acquires SKS Power Generation (Chhattisgarh) for Rs 2,657 crore

Sarda Energy and Minerals Ltd has successfully bid for SKS Power Generation (Chhattisgarh) Ltd, the coal-based thermal power company located...

IL&FS

IL&FS Group pays off Rs 35,650 crore debt; initiates dividend pay out of Rs 810 crore

IL&FS Group has discharged an aggregate debt of around Rs 35,650 crore by way of monetization of assets, auto debits...

Future Lifestyle Fashions

Financial creditors of Future Lifestyle Fashions submit Rs 2,155 crore claims

The financial creditors of Future Lifestyle Fashions Ltd have submitted claims of Rs 2,155 crore, out of which Rs 2,117...

Rolta India

Rolta India creditors submits claims of over Rs 10,000 crore

The lenders of Rolta India have submitted claims of Rs 10,095 crore as of now. The claims have been submitted...

Wilful Defaulters

Wilful defaulters owe over Rs 3.11 lakh crore to banks as on 30 June 2022

Wilful defaulters owed over Rs 3.11 lakh crore to banks as on 30 June 2022, most to the public sector...

Gayatri Projects

Gayatri Projects creditors submits claims of Rs 7,947 crore

Creditors of Gayatri Projects have submitted claims of Rs 7,947 crore as the corporate insolvency resolution process gets underway. The...