[ By Bobby Anthony ]Court documents have revealed that Aviva Life Insurance has become the first financial company to be admitted into Insolvency and Bankruptcy Code (IBC) proceedings after the...
[ By Bobby Anthony ]Despite DHFL being ‘red-flagged’ under the Reserve Bank of India’s (RBI) framework for dealing with fraudulent disbursements, most public sector banks have held back from making...
The Union Territory of Chandigarh administration estate office is hoping to mop up Rs. 65 crore from the e-auction of 11 residential, 14 commercial and one industrial properties. The office has high...
Indiabulls Real Estate Ltd (IBREL) has reported almost leap of almost four times in its consolidated net profit at Rs. 301.16 crore for the second quarter of this fiscal year. Its net profit stood at...
The UP Power Corporation Limited (UPPCL) approached the central bank of the country – Reserve Bank of India (RBI) to help recover Rs. 2,268 crore trapped with the tainted firm, Dewan Housing Finance...
Members of the Celebrity Towers All Town Association staged a protest against Shriram properties at the GVMC Gandhi Statue junction in Vishakhapatnam, demanding the management to instantly hand over...
[ By Bobby Anthony ]The government has proposed an alternative investment fund (AIF) worth Rs 25,000 crore to provide last-mile funding to stalled projects across the country.There are about 1,600...
[ By Bobby Anthony ]The State Bank of India (SBI) has reduced fixed deposit (FD) interest rates by 15 basis points or 0.15 percentage points across select tenures in the retail segment (fixed deposits...
[ By Bobby Anthony ] class="aligncenter size-full wp-image-26765" />The liquidation process of the debt-strapped Hyderabad-based construction and infrastructure company IVRCL Ltd has been stayed by...
Sarvesh Mathur – a former key employee of Pricewaterhouse Coopers (PwC) and the main whistleblower in the case against PwC India, has told the Enforcement Directorate (ED) that an incomplete...
The Department of Telecom (DoT) may challenge the Tata Teleservices (TTSL)-Airtel merger through a Special Leave Petition (SLP) in the Supreme Court this month following the Telecom Disputes...
