Corporate India chips in for PM-CARES Fund: HDFC Group pledges Rs 150 cr support; StanChart commits Rs 5 cr
Present in 21 strategic locations across the country, The Byke Hospitality informed the local authorities that they are open to give out the spaces for any relief activity at this time of COVID-19.
CNBC-TV18 all set to host 15th edition of India Business Leader Awards on 28 February; selection of winners a challenging task
The India Business Leader Awards honours high-achievers, outstanding leaders and true visionaries of corporate India.
Collaboration using blockchain technology is key to solving a lot of systemic issues in banking sector says IBM's Jitan Chandanani
In the first phase of this network, the banks set up a live network for supply-chain vendors across India to register themselves
Close to 70 senior bankers in fray for Tamil Nadu-based Lakshmi Vilas Bank's top post; lender has been headless since September
Lakshmi Vilas Bank has been headless since mid-September after the then chief executive Parathasarathy Mukherjee left before the completion of his three-year term.
Patanjali to infuse Rs 3,438 cr in Ruchi Soya to settle creditors' dues, monitoring panel to oversee process
Ruchi Soya informed that resolution applicant Patanjali group will infuse Rs 204.75 crore as equity and Rs 3,233.36 crore as debt.
The NCLT approval comes after it dismissed the petitions filed by Standard Chartered Bank and Singaporean lender DBS, which had both challenged the low bid by Patanjali and the resultant lower payout.
NCLAT reserves order on petitions against ArcelorMittal's Rs 42,000-crore takeover bid of Essar Steel
A two-member bench asked all parties, including ArcelorMittal, to file their written submissions over their submissions by Wednesday
Ruchi Soya insolvency: Patanjali Ayurved gets time till 7 May to file detailed resolution plan for edible oil firm
Ruchi Soya owes Rs 9,345 crore to the lenders led by SBI who Tuesday agreed, with around 96 percent vote, to go with the second revised bid by the company promoted by Baba Ramdev
Ruchi Soya insolvency: Baba Ramdev's Patanjali bags edible oil firm as lenders approve Rs 4,325 crore bid
Patanjali acquired Ruchi Soya Industries in an insolvency auction started by lenders to recover over Rs 9,300 crore loans
Baba Ramdev's Patanjali Ayurved raises bid value to Rs 4,350 crore to take over bankruptcy-bound Ruchi Soya
Adani Wilmar, which emerged as the highest bidder in August last year after a long drawn battle with Patanjali, has withdrawn from the race
Anirban brings to PayU two decades of experience in global payments, credit, and digital banking gained in the US, India, and broader Asia-Pacific region.
NCLT allows Ruchi Soya management to get copy of resolution plans; says it will start regular hearing on the matter from 5 March
A resolution for Ruchi Soya, which owes about Rs 12,000 crore to the lenders, has been moving between Ram Dev's Patanjali and Adani Wilmar
Essar Global has now repaid about Rs 6,300 crore to ICICI Bank, Axis Bank, and Standard Chartered Bank. This repays entire Rs 31,500 crore of loans availed from these banks during 2008-14.
Standard Chartered Bank claimed that ArcelorMittal's revised bid of Rs 42,000 crore was never considered by the CoC.
India is Asia's most investment savvy economy and more than two-thirds of the country's affluent class prefer to use various investment products
Indian national attempts to extort Rs 2.6 crore from Standard Chartered Bank in Singapore; faces jail and caning
A 35-year-old Indian national, who tried to extort half-a-million Singapore dollars from Standard Chartered Bank in Singapore, was charged in court.
Adani group firm Adani Wilmar, which sells cooking oil under Fortune brand, and Baba Ramdev-led Patanjali were in the fray to acquire Ruchi Soya.
TBO group has a revenue of $1 billion and employs 650 people of 26 nationalities, including 200 in research and development
Adani Wilmer secures Rs 4,000 credit line from Standard Chartered, DBS Bank for Ruchi Soya acquisition
Patanjali, which was declared as the second-highest bidder (H2), did not submit a revised bid to match or better the highest offer, tabled by Adani Wilmar
Adani group emerges as highest bidder with Rs 6,000 cr offer for Ruchi Soya; Patanjali can up its Rs 5,700 cr bid
The Committee of Creditors (CoC) of Ruchi Soya, in its meeting held on Tuesday, opened the bids submitted by the two contenders -- Patanjali group and Adani Wilmar, which sells cooking oil under the Fortune brand.