To reduce the quantum of bad loans in steel, power and shipping sectors, the finance ministry on Monday asked PSUs such as NTPC, Steel Authority of... ...http://indianexpress.com/article/business/business-others/finance-ministry-to-psus-examine-taking-over-some-stressed-projects-3101354/
With public-sector banks finding it tough to get new promoters for companies in which they have gone for strategic debt restructuring (SDRs), Union... ...http://smartinvestor.business-standard.com/market/Marketnews-420792-Marketnewsdet-PSUs_to_manage_stressed_assets_of_banks_Jaitley.htm
The Centre seems to have zeroed in on a new solution to tackle the issue of stressed assets in power, steel and shipyards — all crucial... ...http://www.thehindubusinessline.com/money-and-banking/psus-to-be-roped-in-to-manage-stressed-assets-in-power-steel-and-shipyards-jaitley/article9262667.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Life in Moscow's winter can be painful for outsiders. Dhanpat Nahata learnt it the hard way, spending time in the Russian capital in December 2015... ...http://economictimes.indiatimes.com/news/company/corporate-trends/indian-telecom-players-plagued-by-debt/articleshow/55002647.cms
ICICI Bank and Axis Bank get close to $450 million; Stanchart gets $ 2.1 billion but writes off $ 850 million. A week after the Essar group signed... ...http://indianexpress.com/article/business/banking-and-finance/essar-group-icici-axis-standard-chartered-bank-loan-repayment-3097601/
ENTRY OF RS 3 CRORE INVISIBLI,GIVING...