Tata Steel to raise Rs 16,500 cr debt to fund Rs 32,500 cr Bhushan Steel acquisition
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)
NCLT resolution to settle over Rs 1.6 lakh cr of debt in steel sector: Crisil report
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
RIL, JM Financial bid jointly for debt ridden textile manufacturer Alok Industries
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
Cabinet may consider relief package for debt-ridden telecom sector today
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.
Credit score: How to fix bad credit history and seek fresh loans for your needs
While a good credit helps you to borrow money, it also helps you to borrow at a pocket-friendly interest rate.
Farmers' outfits in Punjab to block traffic in state tomorrow to demand complete debt waiver
Seven farmers' outfits will block traffic in Punjab on Wednesday to press for their demand of complete farm debt waiver by the state government.
Vedanta races past Tata group to emerge as top bidder in resolution process for Electrosteel Steels
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.
Reliance Jio buys RCom's wireless business, 43,000 towers; deal to be completed by March 2018
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
Anil Ambani led RCom zooms nearly 36%; other Reliance group stocks also shine
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
FRDI Bill: Dispelling some myths about bail-in and other issues to allay depositors' concerns
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.
Air India's domestic, global operations to be sold together: Aviation minister Jayant Sinha
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' debt resolution: No write-off by lenders needed, says company
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
China's GDP growth rises 6.8% in July-September quarter on real estate boom; meets expectations
Many economists, believe the Chinese economy will soon lose steam, arguing that the impact of earlier stimulus measures will start to fade
Marathwada Diary: Collapse of banking in rural areas has led to oppression by private moneylenders
Private moneylenders are a major source of loans across Marathwada due to the collapse of banking in rural areas.
Bank NPAs: RBI has identified second list of large defaulters, says Deputy Governor Viral Acharya
Going forward, the RBI hopes that banks utilise the IBC extensively and file for insolvency proceedings on "their own without waiting for regulatory directions