Uttam Galva Steels is a part of the Reserve Bank of India's second list of cases, which will be referred to the bankruptcy tribunal for insolvency proceedings after lenders failed to resolve the account by December 2017.

The banks also received a warning from the rating agency Care, in February 2016, after Firestar's financials deteriorated.

The code says the process is intended to balance the interests of all stakeholders and the resolution plan is also required to make a statement as to how it has dealt with these interests.

Of the 23 Indian billionaires mentioned in the Bloomberg Billionaires Index, only one saw a reduction in net worth, with the companies owned by most of them outperforming the Nifty 50 index by a big margin.

Companies announce Rs 768 bn worth investments in Dec quarter versus Rs 1.15 trn in Sep quarter

CEOs expect populist measures in the Budget, to help the poor and marginalised, who make up for the largest section of voters.

China Development Bank takes Reliance Communications to NCLT over loan default

No new capacity addition is planned for 2018 and capital expenditure plans are on hold

Piramal will join the JSW, Vedanta and Tata groups, which are bidding aggressively for distressed assets, especially in the infrastructure and steel sectors.

The corporate sector took production cuts, conducted inventory management and reduced staff to meet challenges following the govt's note ban decision

Funds will be raised via non-cumulative preference shares issued to Tata Sons on rights basis

After their merger Vodafone Group CEO, Vittorio Colao says India is not a Jio market alone. Aditya Birla Group CEO, Kumar Mangalam Birla says Vodafone is dominant in metro cities, while Idea is a big player in urban, semi-urban markets.

BPCL and ONGC raised $4.9 billion in 2016-17 against $1.65 billion raised by Reliance

The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.

Cyrus Mistry had put in place a strategy that would have pulled most of the Tata group's 'legacy hotspots' out of the financial mess from legacy issues and helped turn around the group's finances.

"After sinking in Rs 6,000-7,000 crore in the Nano till date, what is the result?"

The plan was to sell off non-profitable businesses apart from focusing on four verticals: real estate, defence, financial services and retail

Top 100 billionaires see their wealth rise 10%; top 20 account for half of total wealth of top 100.

The sale of Essar Oil was India's biggest deleveraging exercise undertaken by any debt-heavy group

At $12-bn valuation, this will be India's largest FDI; deal to be announced on Saturday, says Dev Chatterjee.