Claims worth Rs 3.13 lakh cr under insolvency proceedings

The Reserve Bank had identified 12 accounts, each having more than Rs 5,000 crore of outstanding loans accounting for 25 per cent of total NPAs or bad loans of banks, for immediate referral for......

Slow to start, banks wrestle with insolvency regime

The bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks to inspect what is happening with their loans,......

Construction of new roads in India hit by potholes

As FIIs pull out of road projects, doubts have surfaced about the future of new highways and roads, Megha Manchanda/Business Standard reports from New Delhi. Foreign institutional investors (FIIs)......

Rs 8,600 cr worth highway projects stalled

Most of these road contracts are spread across Andhra Pradesh, Haryana, Karnataka, Odisha, Rajasthan, Tamil Nadu, Uttarakhand and West Bengal, with the government struggling to restart them. About......