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Newsclick Report
49 Listed Firms Disclosed Debt Defaults Worth Rs 69,140 crore as SEBI Deadline Ends
08 Jan 2020
More than half of the total default amount has been reported by the top four defaulting companies, including Rcom and Religare.
Prudhviraj Rupawat
At least Three Rating Agencies Downgraded Ratings for Patanjali’s Bank Loan Facilities in October
14 Nov 2019
Reports suggests that Patanjali group approached several banks which were earlier top lenders of Ruchi Soya to raise funds for the acquisition of Ruchi Soya.
Prudhviraj Rupawat
Adani Continues to Grab Power Sector, Gets 2 More Thermal Power Plants
07 Sep 2019
Adani Power claims to have increased its combined thermal power capacity by 19% to 12,410 megawatts.
Newsclick Report
Parliament Passes IBC Amendment Bill That Leaves Key Concerns Unaddressed
29 Jul 2019
Of the total 1857 insolvency cases admitted for resolution under IBC Code, resolution plan was approved in only 94 cases, at a recovery rate of 43%, as of 31 March 2019.
Newsclick Report
Jet Airways: SBI-led Lenders to Move NCLT, Cite Lack of Concrete Rescue Plan
17 Jun 2019
Several government agencies, including IT department and Enforcement Directorate, probing possible financial irregularities by Jet Airways.
Newsclick Report
After Contempt of Court and Failed Spectrum Sale, RCom Opts for Bankruptcy
02 Feb 2019
In May 2018, NCLT initiated a corporate insolvency resolution process on RCom, which was stayed by the NCLAT, letting the company’s management to resolve issues.
Vivan Eyben
Ericsson Seeks Anil Ambani’s Imprisonment
04 Jan 2019
The Swedish telecom equipment manufacturer has filed a petition in the Supreme Court against Anil Ambani for his failure to clear dues of Rs 550 crore.