Had guts to direct RBI to act on NPAs: Piyush Goyal
Interim finance minister Piyush Goyal says the current government’s efforts towards tackling bad loans have paid off.
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Essar Group repays over 80% of its debt
The group has repaid more than ₹1,37,000 crore of loans to global and Indian lenders. Its only continuing lender is now Russia’s VTB Group.
IBC: A driver of debt recoveries
The IBC may be working well for successful resolution in case of large companies but it is often perceived as a hindrance in the way MSMEs function.
IBC’s identity crisis
It has been more than two years since India’s newest law for dealing with bankrupt companies was ratified. Yet, it remains unclear what is its purpose.
Ruias throw the kitchen sink to regain Essar Steel
With the corporate insolvency resolution process for the steelmaker entering its final leg, the company’s promoters offer to clear all dues to retain control.
India’s growth is not at risk: KM Birla
Global headwinds will not derail India’s growth story says Kumar Mangalam Birla.
August records lowest M&A, PE deal values
Average deal size decreased to $19 million, from $178 million recorded in the previous month.
SC to hear cases on insolvent power companies on November 11
The top court has ordered a status quo on High Courts making a judgement in cases challenging the Reserve Bank of India’s February 12 circular.
Will ArcelorMittal’s latest gamble on Essar Steel pay off?
The world’s largest steelmaker has increased its bid for Essar Steel. Crucially, it has also committed to clear the dues of Uttam Galva and KSS Petron. But is a commitment good enough?
Fortune India Boardroom: Corporate governance
At the first edition of Fortune India Boardroom, four leaders from India Inc discussed the way forward for sound corporate governance.
