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Reliance Infra cuts standalone debt by 87%; shares surge 20%

Anil Ambani's Reliance Infrastructure Ltd has slashed its standalone debt by 87 per cent to Rs 475 crore after it cleared outstanding dues of Life Insurance Corporation of India, ICICI Bank and......

Has India's 'Bad Bank' Worked Or Not?

The target was for banks to sell Rs 2 trillion worth of non-performing assets to NARCL, the so-called 'bad bank', by 2021-2022.Only 10 per cent of this has been executed. Illustration: Dominic......

Lessons To Be Learnt From Nitin Desai's Death

We must stop stigmatising business failures.Particularly when startups are mushrooming all around, the financial system, backed by the RBI and the government, can explore ways of extending support......

Future Retail insolvency process: 48 cos selected as eligible prospective bidders

As many as 48 companies, including Reliance Retail, Jindal Power Ltd and Adani group, are in the final list of eligible prospective resolution applicants for acquiring debt-ridden Future Retail......

49 firms including RIL, Adani & Jindal Power keen to buy Future Retail

As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is......

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India Debt Reconstruction Company Ltd

News for India Debt Reconstruction Company Ltd

Reliance Infra cuts standalone debt by 87%; shares surge 20%

Has India's 'Bad Bank' Worked Or Not?

Lessons To Be Learnt From Nitin Desai's Death

Future Retail insolvency process: 48 cos selected as eligible prospective bidders

49 firms including RIL, Adani & Jindal Power keen to buy Future Retail

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