Adani group, RIL, Tata lead race to buy bankrupt firms

Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage. Better credit metrics and a zero default track record with banks is helping......

All about RBI's debt lifeline to promoters and banks

The Reserve Bank of India on Monday allowed banks to conduct deep restructuring of large accounts to revive projects that can be saved, effectively throwing a lifeline to promoters who risked......

Sensex ends in red, Nifty at 2-week low; telecom shares rally

Sensex ends 134.91 points down at 28,709.87; Nifty falls 44.70 points at 8,712.05. Benchmark indices ended lower for second consecutive trading session weighed down by selling pressure in......

Clock turns back: A big blow for private coal mine developers

The Supreme Court order has created a new legal framework for coal mining by ruling that only the Union government and its entities can do it. Through this, it has not only buried the National......