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......
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......
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......
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......
Reliance Industries (RIL) is likely to be the lone bidder for Mangalore-based JBF Petrochemicals, which is up for sale after defaulting on bank loans worth Rs 5,000 crore. Photograph: PTI Photo......