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Corporate Debt Restructuring

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CAG slams navy for failing to conclude Rs 16,000-crore contract

The Comptroller and Auditor General has taken strong exception to the Indian Navy's failure to conclude a Rs 16,000-crore contract to induct a fleet of amphibious warships even after deciding on......

Maharashtra among states to delay CBI probe into ABG Shipyard: Govt

The government on Tuesday said investigations in the ABG Shipyard case were delayed because some state governments including Maharashtra had withdrawn the agency's power to probe and their approval......

Jagan stages dharna for United AP in Delhi; courts arrest

Taking his fight against division of Andhra Pradesh to the national capital, YSR Congress Party chief Jaganmohan Reddy on Monday staged a protest and courted arrest, while accusing the Congress of......

How Will Modi Shape The G20 Opportunity?

Will G20 showcase an India that is inclusive, culturally rich, diverse and tolerant, asks Ramesh Menon. IMAGE: Prime Minister N D Modi at the G20 all-party meeting in New Delhi. All photographs:......

2,148 Edtech Start-Ups Have Shut Down

'Many were caught in a burnout race, chasing unsustainable growth without innovating.' Kindly note the image has been published only for representational purposes.Photograph: Dado Ruvic/Reuters......

Corporate debt restructuring cases to come under scanner

The government is set to carry out a performance review of companies that have opted for corporate debt restructuring (CDR). This follows various steps taken to curtail the virtually unchecked flow......

AI accepts debt restructuring plan

Air India said on Wednesday it has accepted the corporate debt restructuring package first prepared by SBI Caps and then vetted by Deloitte."Air India has accepted the CDR package submitted by......

BPL debt restructuring plan moves ahead

BPL Ltd's plan to restructure its Rs 1,400 crore (Rs 14 billion) debt seems to be moving ahead, after protracted negotiations and delays.In a creditors' meet held on Saturday, the majority of the......

Debt restructuring in textiles soon

The government will soon initiate action to restructure corporate debt in textile industry involving Rs 18,000 crore (Rs 180 billion) in ailing units."A base paper will be ready by next week,......

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