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Mehul Choksi, Vijay Mallya in Rs 68,607 cr loan writeoff list: RBI

Banks have "technically" written off a whopping Rs 68,607 crore in outstanding loans of top 50 wilful defaulters, including of firms belonging to fugitive economic offenders Mehul Choksi and Vijay......

UBI slaps winding up petition against Kingfisher Airlines

Kolkata-based United Bank of India has filed a winding up petition against Vijay Mallya-promoted Kingfisher Airlines for failing to retire loans amounting to Rs 336 crore (Rs 3.36 billion), an......

Overseas investment by Indian firms at $2.28 bn in Nov

Overseas direct investment by Indian companies rose to $2.28 billion in November against $1.22 billion in the previous month, according to the Reserve Bank of India data released on Thursday. JSW......

Some of India's top firms face debt trap

Lanco Infratech is missing from the list as it is yet to declare its consolidated results for FY16 India’s top 10 business houses are the biggest borrowers from banks but it’s the next......

PE investment in Indian firms crosses $5 bn

Private equity firms have invested over $5 billion in Indian companies so far this year, more than what entire 2009 saw. The PE companies, however, have also sold off shares worth about $2.5......

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Rei Agro

News for Rei Agro

Mehul Choksi, Vijay Mallya in Rs 68,607 cr loan writeoff list: RBI

UBI slaps winding up petition against Kingfisher Airlines

Overseas investment by Indian firms at $2.28 bn in Nov

Some of India's top firms face debt trap

PE investment in Indian firms crosses $5 bn

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