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Air India sale to be delayed as govt mulls extending last date for EOI

Bidders, who are communicating with the Indian government, say the bankruptcies announced by several airlines globally due to the travel ban to control the coronavirus pandemic have hit investor senti

Coronavirus outbreak: India Inc asks RBI for one-time loan recast

Analysts have already predicted that due to the lockdown, India's economic loss will be close to $ 234.4 billion or 8.1% of GDP

Corporate India braces for $26-bn a week loss amid coronavirus outbreak

Nation may lose close to over $5 bn due to lockdown, says Ficci

India Inc leans less on foreign debt as weak rupee makes servicing costlier

With the Indian unit having shed 10% to the dollar since January, companies raised $5 bn in March quarter of 2020, against $8.8 billion in the year-ago period

Future Group: Retail king of India faces litmus test as debt soars

Future Group sees its biggest crisis after raising high-cost loans from PEs and pledging shares

Uttam Galva defaults on Rs 664-cr loan; ArcelorMittal, SBI among creditors

UGSL, which shut its plants and operations after the lockdown was announced last month, said it has an outstanding of Rs 1,008 crore to its creditors

Tata Sons likely to raise Rs 7,000 cr to retire old high-cost debt

Other top companies to follow suit as the central bank has released funds

Future group seeking buyers for insurance arm to pay off its debt

The total market capitalisation of the group's listed firms fell to Rs 10,740 crore from Rs 42,000 crore reported a year ago

Coronavirus impact: Banks seeks RBI's nod to offer relief to borrowers

Moratorium on loans should be offered, say CFOs

Valuation of Air India set to take a knock amid coronavirus outbreak

The aviation industry is expected to make a loss of $67 billion in 2020 and several airlines are expected to file for bankruptcy in the coming months

It is better to be careful with cash on hand, says L&T's S N Subrahmanyan

The company's business is broadly divided into three baskets - engineering, procurement and construction (EPC) projects, manufacturing and defence, and services

Rupee crash, Covid-19 to make India Inc's overseas debt repayments costlier

Bankers said some of the firms may default on their overseas loans as their cash flows get impacted due to falling sales due to the shutdown

L&T plans to become asset light, reduce debt by Rs 30,000 crore

To sell off L&T IDPL, Nabha Power; transfer Hyderabad Metro to an InvIT

Fast growth to quick fall: The story of Yes Bank's changing fortunes

Yes Bank has been put under moratorium and may have to take a government-planned bailout.

Newsmaker: Ravneet Gill and the big bet on the wrong bank

Gill had the unenviable task of steering a troubled entity with legacy issues. But he could have been more proactive

Ruias plan comeback, say Essar to re-start investment in India and abroad

Group repaid Rs 1.4 trn debt to banking system over past three years; promoters say it currently generates earnings of Rs one trn a year, mainly from UK refinery

Lenders to seek fresh bids for Lavasa Corp in debt resolution reset

Lavasa and its subsidiaries defaulted on their debt obligations totalling about Rs 7,700 crore

Brookfield-RIL InvIT likely to raise more debt to attract investors

Tower Infrastructure Trust, set up by Brookfield and RIL, had filed its prospectus just a few days before the Budget was announced

Adani group joins race to buy Air India, plans to submit EoI by next month

Apart from the Adani group, the Tata group, the Hinduja group, Indigo and a New York-based fund, Interups, are expected to submit EoIs

Job cut, staff relocation: India Inc gears for Brexit as UK set to leave EU

Analysts said the lower utilisation of its UK plant due to Brexit would lead to higher production cost for each unit and squeezing its margins