Page 61 - Ishita Ayan Dutt

Mamata Banerjee vs Centre: Supreme Court to hear CBI petition on Tuesday

CM on dharna, holds Cabinet meet to approve state Budget near sit-in venue

NCLT says Ruias' Rs 54,000-cr bid not 'maintainable'; Essar may move NCLAT

The order comes after the NCLAT last week directed the NCLT to decide on the ArcelorMittal resolution plan by January 31

Why the drag in Essar Steel insolvency case makes lenders jittery

SBI Chairman Rajnish Kumar explained the rationale for putting the Essar exposure on the block

NCLT turns down prayer for revival of Adhunik Metaliks insolvency process

Maharashtra Seamless has written to Adhunik's CoC recently, renewing its plan for Adhunik in the wake of Liberty House dragging its feet on payment

SC upholds validity of Insolvency and Bankruptcy Code in its entirety

The companies like Swiss Ribbons, Shivam Water Treaters, and Ganesh Prasad Pandey, an individual petitioner, had challenged various provisions of the IBC, such as Sections 7, 12 and 29

Maharashtra Seamless again shows interest to buy Adhunik Metaliks

According to Liberty, the outcome of the MSTC would have a material impact on the case being heard in the NCLT

ArcelorMittal, JSW Steel and Essar Steel continue slugfest over Essar bid

Essar's statement comes a day after Sajjan Jindal's interview in Davos to BloombergQuint in which he backed the settlement proposal made by the promoter family

JSW Steel might not be 'done and dusted' with insolvent Essar Steel

It appears there are certain parties in India who would like to see that the IBC is not implemented according to the law

RP-Sanjiv Goenka group eyes turnover of Rs 40,000 crore in the next 5 years

Group turnover to be Rs 40K cr in five years from the present level of Rs 26K cr

SBI in talks with PEs, hedge funds to sell Rs 15,431-crore Essar loan

According to the list of financial creditors as of October 2018, SC Lowy Primary Investments has an exposure of about Rs 900 cr in Essar Steel on account of loans assigned by HDFC Bank and Axis Bank

Duracell & Energizer eyeing partnership or buyout of Eveready biz: Sources

The sources indicated that Eveready was expecting an enterprise valuation of around Rs 5,000 crore

CoC to decide on ArcelorMittal, Royale revised bids for EPC Constructions

Lenders were also interested in equity infusion apart from the upfront payment

ArcelorMittal, JSW Steel likely to bid for Asian Colour Coated Ispat

JSW has an aggressive expansion plan and is on the lookout for smaller downstream units

7 firms in a fix after bidders fail to implement resolution plan under IBC

Non-serious bidders are a cause for concern, but delays have been as much a worry for time-bound resolution of stressed assets under the IBC

Jindal Stainless eyes 20% growth in topline in the next 12 months

 Jindal Stainless' major competition is from imports, Vijay Sharma, head of sales said

Ready to pay for Adhunik Metaliks bid, Liberty House tells NCLT

The Liberty House counsel brought to the attention of the NCLT that the MSTC issues were pending, which would have a material bearing on the present matter

Deleveraging is an enterprise priority for Tata Steel: Koushik Chatterjee

Bhushan Steel fundamentally is a good asset. Our integration process is on course, says Tata Steel CFO Koushik Chatterjee

CoC, RP faced with grey areas in IBC as bidders hold-up plan implementation

At least seven resolutions at stake as bidders raise issues

Steel firms may drop prices of flat products by up to Rs 1,500 a tonne

Demand factor in India hasn't changed but it's the global phenomenon taking its toll on India

Insolvency and Bankruptcy Code: Firms cope with changing landscape

The borrowing and lending culture in the country appears to have changed for good