HW Exclusive: The hidden losses of Jet Airways
With the over optimistic bankers of Jet Airways, led by SBI and who have collectively lent it over Rs.8400 crores, unable to get a buyer,...
Tag : NCLT
How the Ruias delayed an insolvency process from 270 to 720 days
The key reason for the enactment of the Insolvency & Bankruptcy Code in 2016 was so that resolutions could be brought about in a time...
Are more judges the solution?
The ongoing bitter fued for the takeover of Essar Steel by Arcelor Mittal, through the insolvency proceedings at the NCLT, is a classic case of...
The Shell Companies Fiasco
One of the least talked about, but a very controversial and onerous measure of the Modi regime, has been the arbitrary closure of lakhs of...
Its official! Anil Ambani’s RCom is bankrupt
RCom had sought to exclude the company for the period from May 30, 2018, to April 30, 2019, at the last hearing. New Delhi| Anil...
Banks back to square one
by News Desk
At a time when India’s giant bad loan/NPA problem was continuously rising and was defying any resolution, the Insolvency and Bankruptcy Code, (IBC) was ushered...
Mukesh bails out younger brother Anil Ambani, what now for RCom?
With an opera like drama playing out in the annals of the Indian business community last evening, we were all kept at the edge of...
IT IS CHHOTA BHAI FAVOURING THE BADA BHAI
The Ambanis once again occupied the national headlines yesterday. Mukesh Ambani the bada bhai, bailed out Anil Ambani, the chhota bhai in style. If sources...
A tale of RCom and BSNL
It was a month ago that the Supreme Court held three Reliance group entities, including RCom and its flamboyant Chairman Anil Ambani, to be guilty...
A tale of two Bhushans, Power & Steel
The Indian banking sector has been plagued with a spate of corporate loans going bad, resulting in recognition of such loans as Non-Performing Assets (NPA’s)...