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IBC may be tweaked to give relief to stressed asset buyers

This is being done keeping in mind the urgency of these transactions, and it would help the ongoing insolvency cases, including the 12 accounts referred by RBI to banks. Illustration: Dominic......

Why these 5 steel majors need to cough up Rs 29,000 crore

The recent amendments to the IBC practically barred promoters from re-acquiring their own assets, leaving only a small window to convert their non- performing assets into standard assets by paying......

How Piramal Group plans to spread its wings

Piramal will join the JSW, Vedanta and Tata groups, which are bidding aggressively for distressed assets, especially in the infrastructure and steel sectors. The cash-rich Piramal Group is in the......

ArcelorMittal keen to spread wings in India

ArcelorMittal may be interested in Bhushan Steel or Essar Steel, two of the five steel companies referred by the RBI for insolvency proceedings.Ishita Ayan Dutt reports. ArcelorMittal, the world's......

Bad loans of state banks = defence + education + roads + health spends

The crisis in Indian banking has now reached a point where the NPAs of many public-sector banks are higher than their net worth If the unpaid loans made by India’s public-sector banks were......
  Web results for Electrosteel Steels
IBC may be tweaked to give relief to stressed asset buyers

This is being done keeping in mind the urgency of these transactions, and it would help the ongoing insolvency cases, including the 12 accounts... ...

http://www.rediff.com/money/report/ibc-may-be-tweaked-to-give-relief-to-stressed-asset-buyers/20171207.htm
Why these 5 steel majors need to cough up Rs 29,000 crore

The recent amendments to the IBC practically barred promoters from re-acquiring their own assets, leaving only a small window to convert their non-... ...

http://www.rediff.com/money/report/why-these-5-steel-majors-need-to-cough-up-rs-29000-crore/20171207.htm
SREI Infrastructure Finance to bid for Electrosteel Steels

Apart from SREI, Tata Steel, Edelweiss Asset Restructuring Company and Piramal Group are some of the other suitors for the stressed company,... ...

http://www.business-standard.com/article/companies/srei-infrastructure-finance-to-bid-for-electrosteel-steels-117112200059_1.html
Of Global Markets Hitting Record Highs and Top Stocks in Action During the Week

Posted by Equitymaster Global market ended the week on a positive note. Japan's index spiked above the 22,000 level for the first time since 1996.... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/1qzz6CFywkM/tm.asp
Piramal Group in race to buy stakes in Binani Cement, Electrosteel Steels

The move to consider buying the 2 stressed firms comes after lenders' appeal Dev Chatterjee | Mumbai Last Updated at November 3, 2017 01:45 IST... ...

http://www.business-standard.com/article/companies/piramal-group-in-race-to-buy-stakes-in-binani-cement-electrosteel-steels-117110300057_1.html

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