The continuing drama over selection of rightful bidder for Binani Cement is expected to unfold more surprises in the coming days, as the National Company Law Tribunal (NCLT) on Thursday did not app
The panel reviewing the Insolvency and Bankruptcy Code (IBC) may suggest easing of qualification criteria to allow larger participation in resolution process.
The resolution process for bankrupt Binani Cement has taken a bitter turn with Dalmia Bharat on Wednesday charging the corporate debtor of creating unnecessary hurdles in the insolvency process to
The government has practically closed the door for Ruias to take back control of Essar Steel post a resolution plan is approved by lenders and the loan defaulting entity is offered to the highest b
Dalmia Bharat is gung-ho about taking over Binani Cement irrespective of the competitive counter offer made by UltraTech Cement.
Even as Kumar Mangalam Birla-led UltraTech Cement upped the ante on Monday by making a counter offer for Binani Cement -- offering Rs 7,266 crore to its parent company -- Dalmia Bharat maintained t
From being a power producer, country’s largest hydropower generator NHPC will soon become a large trader of power.
Power producers have approached the Reserve Bank of India (RBI) seeking a special dispensation for the sector in dealing with cases of loan defaults and implementation of a resolution plan for stre
Nobody would have guessed it, but it is true that the first set of 12 biggest defaulters identified by the Reserve Bank of India for resolution by the National Company Law Tribunal (NCLT) under Ins
Faced with an agrarian crisis ahead of the general elections in 2019, the Centre has decided to rope in states to thrash out a comprehensive strategy to put the farm sector back on accelerated grow