Domestic giant Tata Steel on Tuesday said it will raise Rs 16,500 crore through debt instruments to fund Rs 32,500 crore acquisition of Bhushan Steel Ltd (BSL)
Resolution of insolvency cases in NCLT against the stressed steel companies will settle over half of steel sector's outstanding debt of Rs 3.26 lakh crore, and consolidate the sector further, said a Crisil report
Reliance Industries Ltd (RIL) said on Thursday that it has bid jointly with JM Financial Asset Reconstruction Company to acquire the debt ridden textile manufacturer Alok Industries
The Cabinet could consider relief measures for telecom industry at its meeting on Wednesday, the official said on condition of anonymity
Yogi Adityanath claims Uttar Pradesh govt gave farmers Rs 80,000 cr, when it actually gave 1/6th that amount
Uttar Pradesh chief minister Yogi Adityanath, in a television interview, talked about his government’s performance over the last 10 months, ahead of the investors summit held on February 21 and 22, 2018.
While a good credit helps you to borrow money, it also helps you to borrow at a pocket-friendly interest rate.
Seven farmers' outfits will block traffic in Punjab on Wednesday to press for their demand of complete farm debt waiver by the state government.
The tribunal had appointed Dhaivat Anjaria of PwC as interim resolution professional to resolve the Electrosteel loans issue
Milind Deora column: As low interests hit savings, Union Budget should ensure economic security for senior citizens
The state should ideally encourage and incentivise young people to invest in public equities through mutual funds.
As 8 states go to polls in 2018, a look at how rural debt, distress and death continue to grow nationwide
Behind rising NPAs is a story of growing crop failures – increasingly linked to climate change – and falling rural incomes.
Anil Ambani led Reliance Communications Limited (RCOM) on Thursday announced it has signed definitive binding agreements with Reliance Jio Infocomm Limited (RJIO) for sale of Wireless Spectrum, Tower, Fiber and Media Convergence Node (MCN) assets
RCom stock zoomed 35.24 percent to close at Rs 17.27 on BSE helped by fag-end buying. During the day, it rose sharply by 44.94 percent to Rs 18.51
The FRDI Bill proposes to create a framework for overseeing financial institutions such as banks, insurance companies, non-banking financial services (NBFC) companies and stock exchanges in case of insolvency.
Punjab farmers' grim legacy: Despite govt compensation for suicides, inherited debt continues to claim lives
In Punjab's Mansa district, hundreds of farmers' families have minors who have inherited the debt of their deceased fathers.
On the disinvestment process, Jayant Sinha said the government is still in the process of identifying which subsidiaries of Air India should be offered separately.
Reliance Communications will pay off up to Rs 17,000 crore of its debt, out of the proceeds of monetisation of spectrum, towers and fiber and MCN (Media Convergence Nodes) assets
Many economists, believe the Chinese economy will soon lose steam, arguing that the impact of earlier stimulus measures will start to fade
Private moneylenders are a major source of loans across Marathwada due to the collapse of banking in rural areas.
Going forward, the RBI hopes that banks utilise the IBC extensively and file for insolvency proceedings on "their own without waiting for regulatory directions