Asset Sale

Company law appellate tribunal clears decks for Reliance Communications' full asset sale

Clearing the decks for the complete asset sales of Reliance Communications, the National Company Law Appellate Tribunal (NCLAT) on Friday vacated stay on its tower and fiber asset sale

Confident about expeditious completion of asset sale plan, says Reliance Communications

Debt-laden Reliance Communications (RCom) on Thursday exuded confidence that its asset monetisation programme will be completed "expeditiously", much ahead of the RBI-prescribed deadline of 31 August

Anil Ambani-led Reliance Communications gets bondholders' nod for asset sale to Jio for paring debt

Anil Ambani-controlled RCom got shareholders’ nod in February to sell its wireless assets to Reliance Jio, the telecom unit of Mukesh Ambani-led Reliance Industries Ltd

Lenovo returns to profitability in second quarter after asset sale

China's Lenovo Group Ltd, the world's largest personal computer (PC) manufacturer by shipments, on Thursday said it returned to profit in its second fiscal quarter, beating analyst estimates, due primarily to gains from an asset sale.

Burdened by debt, Air India to sell assets worth nearly Rs 250 cr

A senior ministry official today said the assets to be sold comprise four flats in Mumbai besides land parcels in Chennai and Coimbatore.

After Suzlon sale, more distress sales coming as banks toughen stand on dues

Selling non-core assets to clean-up the balance sheets, will be a win-win situation for both banks and the companies

On sale: Unitech puts hotels, land on block for Rs 1,000 crore

Shares of Unitech today ended 4.83 percent higher after CNBC-TV18 reported the realty major has put two hotels as well as well as three land parcels spread across Bangalore, Chennai and Mysore on the block.<br /><br />

Collateral damage: Banks will bear brunt if DLF fails to raise funds via asset sales

Several large banks have lent to the real estate company, given the top credit rating it enjoys and healthy cash flows