India's public sector banks are expected to see a significant profit boost due to a new RBI directive. This allows banks to ...

The Reserve Bank of India (RBI) allowed lenders (on Saturday) across the spectrum and ownership types to reverse excess ...

Vedanta Group has shown interest in acquiring Jaiprakash Associates Ltd (JAL) through an insolvency process. Adani Group has ...

Sources said that Vedanta Group has submitted an Expression of Interest (EOI) to acquire the bankrupt JAL. Adani Group has ...

McLeod Russel India Limited's Rs 1,104.69 crore debt has been transferred to NARCL for Rs 700 crore, representing a 36% haircut. The debt transfer aims to help the tea producer restructure and avoid ...

Authum will acquire 56.52% of ISARC through a fresh issue of 13 crore shares and buy an additional 22.75% from existing ...

ICICI Bank and seven lenders assign McLeod Russel's Rs 1,104.69 crore debt to NARCL, raising hopes for restructuring. IndusInd Bank stays out, while JC Flowers ARC holds a 24.39% stake ...

Authum Investment and Infrastructure has received approval from the Reserve Bank of India (RBI) to acquire a 79.28 per cent ...

Earlier this month, the National Company Law Tribunal (NCLT) directed that the resolution plans to acquire JAL through the ...

Indian conglomerates and fund houses express interest in bidding for Jaiprakash Associates' assets, valued at ₹10,000-14,000 ...