The battle to take control of Essar Steel has heated up once again with JSW Steel now entering the fray.
After being left high and dry in the ongoing auction of bankrupt steel companies, Sajjan Jindal-led JSW Steel has switched its attention back to greenfield projects for growth in the domestic marke
Coal India (CIL) is looking beyond solid fuel to remain relevant in future, when fossil fuel would give way to renewables, and becoming a dominant player in the energy space.
For banks looking at cutting down their losses and reducing mounting bad loans by opting for resolution process under the IBC, the news coming from the first few restructured accounts and those in
The continuing drama over selection of rightful bidder for Binani Cement is expected to unfold more surprises in the coming days, as the National Company Law Tribunal (NCLT) on Thursday did not app
The panel reviewing the Insolvency and Bankruptcy Code (IBC) may suggest easing of qualification criteria to allow larger participation in resolution process.
The resolution process for bankrupt Binani Cement has taken a bitter turn with Dalmia Bharat on Wednesday charging the corporate debtor of creating unnecessary hurdles in the insolvency process to
The government has practically closed the door for Ruias to take back control of Essar Steel post a resolution plan is approved by lenders and the loan defaulting entity is offered to the highest b
Dalmia Bharat is gung-ho about taking over Binani Cement irrespective of the competitive counter offer made by UltraTech Cement.
Even as Kumar Mangalam Birla-led UltraTech Cement upped the ante on Monday by making a counter offer for Binani Cement -- offering Rs 7,266 crore to its parent company -- Dalmia Bharat maintained t