Resolution plans have on an average yielded a recovery of 93.4% of the fair value of the assets, says Shailendra Ajmera.

The IBC is currently available only to corporate entities, covering a mere 0.1% of potential beneficiaries, says M.S. Sahoo.

The Supreme Court today asked the Union government to look into the manner of posting of Judicial/Technical members for the ...

The combined entity, which is named Aster DM Quality Care Ltd., will have a bed capacity of 10,301 beds—comprising 5,159 beds from Aster and 5,142 from QCIL. This means it would surpass Apollo ...

Adani Group is the second-largest Cement manufacturer in the country with over 100 million tonnes per annum (MTPA) capacity.

The Insolvency and Bankruptcy Code (IBC) has helped resolve over Rs 26 lakh crore of stressed debt in India since its ...

Minister of State for Finance, Pankaj Chaudhary, stated in Parliament that the State Bank of India (SBI) has classified ...

The Union government confirmed in Parliament that State Bank of India (SBI) has officially classified the loan account of ...

Mumbai :State-owned IREDA plans to raise Rs 2,500-3,000 crore through qualified institutional placement route this fiscal as ...

The bank has also initiated Personal Insolvency Resolution Process under IBC against Anil Ambani and the same is being heard by NCLT, Mumbai, Minister of State for Finance, Pankaj Chaudhary, said.

SBI Reclassifies RCom and Anil Ambani as 'Fraud', Rs 3,000 Crore Exposure - SBI reclassifies RCom and Anil Ambani as fraud ...

NCLAT Chennai held that resolution professional is permitted to issue fresh Form G and to invite Expression of Interest (EoI) from new and interested eligible Prospective Resolution Applicants subject ...