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Devidutta Tripathy

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Ambitious new bankruptcy code may take years to clean up India's debt mess

Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms and foresees up to five years in jail for debtors who conceal property or defraud creditors   A......

Heineken eyes control of Mallya's United Breweries

Heineken could call a shareholder meeting to vote on his ouster from a company his father built into a family empire Heineken is likely to ask Vijay Mallya, who owes creditor banks more than......

Westinghouse likely to seal India reactor deal when Modi visits US

The contract would give a big boost to India's $150 billion nuclear power programme, and a broader push to curb greenhouse gas emissions Toshiba Corp's Westinghouse Electric hopes to clinch a deal......

Infosys bridges gap with rivals after lucrative deal wins

Infosys has been focusing on winning more lucrative digital technology and automation outsourcing contracts. Infosys Ltd cheered investors with a forecast-beating quarterly profit and a stronger......

Savers in dark over Sahara's latest shadow banking schemes

Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering In 2004, Khitish Kumar Pandey took Rs 10,000 ($150) out......
  Web results for Devidutta Tripathy
Court dismisses Essar Steel appeal against bankruptcy proceedings

Mumbai: Gujarat High Court onMonday dismissed Essar Steel India Ltd's appealagainst a central bank order that asked creditor banks to... ...

http://www.sify.com/news/court-dismisses-essar-steel-appeal-against-bankruptcy-proceedings-news-crime-rhrqawgjedggg.html
ICICI Lombard files for first Indian IPO by a non-life insurer

By Devidutta Tripathy MUMBAI (Reuters) - ICICI Lombard General Insurance Co Ltd has filed for an initial public offering (IPO) of shares in what... ...

http://www.sify.com/finance/icici-lombard-files-for-first-indian-ipo-by-a-non-life-insurer-news-default-rhouHbgeedeah.html
First test of India's new bankruptcy law offers cautionary tale

* New tribunal established under first national bankruptcylaw * India grappling with cleaning up $150 billion bad debts * Framework sets 180-day... ...

http://www.sify.com/news/first-test-of-indias-new-bankruptcy-law-offers-cautionary-tale-news-crime-rhlhtVagjhhci.html
Essar Oil's creditors approve $12.9 bln Rosneft takeover -sources

By Promit Mukherjee and Devidutta Tripathy MUMBAI, June 23 (Reuters) - Creditor banks to India's EssarOil approved the acquisition of the company... ...

http://www.sify.com/finance/essar-oils-creditors-approve-129-bln-rosneft-takeover--sources-news-economy-rgxoukaicfdce.html
India cenbank rejigs oversight panel for bad loan resolution

MUMBAI, June 22 (Reuters) - India's central bank on Thursdayreconstituted a panel to oversee restructuring of troubledloans, as it strives to cut... ...

http://www.sify.com/finance/india-cenbank-rejigs-oversight-panel-for-bad-loan-resolution-news-economy-rgwraucjdagec.html

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