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Lenders demand more collateral from Reliance Group's promoter entities

The maximum fall in the group's shares has been witnessed since early this month, after Reliance Communications declared it would move the NCLT

RBI's Feb 12 circular: Infrastructure, power companies were hit hardest

The circular prohibited loan restructuring and asked banks to declare a company a non-performing asset even if there was a day's delay in loan repayment

Essel promoters to make good shortfall in collateral for YES Bank loan

The group has pledged shares of Dish TV which are not adequate under RBI norms

ICICI Bank board under fire for giving clean chit to Chanda Kochhar

On March 28 last year, the board, led by M K Sharma, had said there was no favouritism or conflict of interest in granting loans to Videocon Industries or to any other company by the bank

Videocon, Subhash Chandra's Essel Group cross swords over d2h merger

According to the deal, if the merger failed, the advanced amount of Rs 1,626 crore becomes payable

Dilip Shanghvi's MJ Pharmaceuticals invested Rs 110 cr in realty projects

In one of these projects, MJ Pharma's share in profit or loss is 30%, while in the other four projects, it is 37.5%

Sun Pharma to settle Dubai firm loans, shift distribution arm to subsidiary

Sun Pharma in damage control mode after stock loses about 30% of its value since Sept due to corporate governance concerns

After Sun Pharma stock crash, co-promoter likely to quit Jaypee Infra race

Sudhir Valia's firm Suraksha Asset Reconstruction to focus on existing projects

Lenders of debt-laden Jet Airways likely to write off up to 25% of loans

The resolution plan in this regard would be ready by mid-February. By then, Etihad Airlines, which owns 24% in Jet, aims to conclude its own examination ('due diligence') on the airline's issues

RIL to raise Rs 2,500 crore via bonds issue to repay loans, fund capex

Lenders said RIL had already raised close to Rs 21,500 crore through rupee bonds in fiscal year 2019 as compared to Rs 25,165 crore raised in fiscal year 2018

US can do better in visa policy for tech workers, says John T Chambers

Chambers, who has 2 investments in India, is optimistic that with strong start-up ecosystem built by the central government in the past five years, India will produce more unicorns in the years ahead

Royale Partners' offer for EPC Constructions gets lenders' approval

EPC Constructions had defaulted on its loans worth Rs 7,200 crore and has been an NPA since December 2014

Aditya Birla group's ARC set to make a formal bid for RattanIndia Power

Seeks to partner Goldman Sachs, former promoter of the stressed firm, to bid

Lenders seek NCLT nod for restarting resolution process for Amtek Auto

Liberty House was declared the highest bidder for Amtek Auto in July last year after it made a Rs 4,200 crore bid for the company but failed to pay any amount to the banks

Adani Group may pick 51% lenders' stake in TN's power firm Coastal Energen

If the lenders succeed in selling their stake, then it would be one of the first few power projects whose debt will be resolved outside the courts

Lodha Developers changes NCD terms, investors to get early interest payment

Investors will continue to get 9.5% interest on NCDs worth Rs 495 crore after completion of the moratorium period

Indian companies want RBI to dilute notice banning debt recast

Electricity producers are worried that lack of debt restructuring will lead to 70-80 power companies shutting down

Demand for credit from corporate India is going up, say top bankers

Citing investment proposals from the firms in the steel, textiles, cement, oil and gas sectors, bankers said the capex cycle is showing clear signs of traction

State Bank of India withdraws insolvency plea against Uttam Galva Steels

UGSL, along with 27 others, was in the second list of companies identified by the Reserve Bank of India for debt resolution

IL&FS submits revival plan to NCLT, proposes capital infusion, assets' sale

The new board expects to complete the process in the next 6 to 9 months