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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......

Why Moody's outlook on India need to be viewed with scepticism

Chief Economic Advisor K Subramanian said it is evident that investors into the Indian economy look for better cues than a ratings call. The improved outlook on the Government of India announced......

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......

Why Are Bankers SMILING At Last?

Finance Minister Nirmala Sitharaman's Rs 30,600 crore government guarantee for the bad bank has changed the body language of bankers for the better, observes Tamal Bandyopadhyay. IMAGE: Finance......

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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?

Why Moody's outlook on India need to be viewed with scepticism

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

Why Are Bankers SMILING At Last?

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