JSW’s Man Of Steel
Sajjan Jindal has steered JSW Steel through domestic and global headwinds, increased capacity and acquired new businesses, to turn the company into the country’s largest steelmaker.
bhushan power and steel
October 2023
December 2019
July 2019
May 2018
March 2018
A stronger IBC that helps consumers, protects buyers
The recently-amended Insolvency and Bankruptcy Code, 2016, not only insulates buyers from the misdeeds of the former owners, but also sets a threshold for launching corporate insolvency cases.
New scam at PNB will delay return to profits
A ₹3,800 crore fraud will demand more provisioning in the current year, and PNB may require further capital from the government if it needs to grow its business.
‘Bankruptcy code needs better decision-making’
British tycoon Sanjeev Gupta has acquired distressed assets across the world and has bid for four bankrupt companies in India. But he finds decision-making in India too slow.
Essar Steel insolvency saga rolls on
Lenders call for a second round of bids for the bankrupt steel maker even as the 270-day time limit for insolvency resolution under the IBC expires on April 29.
Does the IBC need another update?
The entire insolvency process under the Insolvency and Bankruptcy Code is under threat. Is it time for another amendment?
