In 2010, R Power acquired 100 per cent economic interest in three coal mining concessions in Indonesia
Signs of financial stress were visible when the airline reported a loss of Rs 10.40 billion.
Factors like dedicated recovery teams, centralised follow-up on bad loan accounts and resolutions via NCLT are driving the trend
Sources said Adani had not been able to tie up any financing for the coal project
Mumbai Monorail was to be built in two phases - Phase I of 8.93 km and Phase II of 11.20 km. The first phase ran operations for around three years before services were abruptly halted, owing to a fire incident last year. The second phase now stands completed, but is lying closed.
Tuesday's bridge collapse once again puts the spotlight on the city's urban infrastructure and a dire need for its development.
Analysts say strengthening bank's capital will boost earnings, bank needs chief with long stint to run show
Retailers, especially food and grocery chains, are clearly unhappy, saying the ban is impractical
According to SBI executives, the aim is to do things efficiently with an eye on profitability, and get a feedback on areas, including which business to enter and which to exit.
The buyout will cost LIC about Rs 100 billion, based on the Rs 248 billion market capitalisation of IDBI Bank as on Friday, and assuming it acquires a 40 per cent equity stake from the government.
These recommendations are based on interactions held by the Banks Board Bureau with eligible candidates from PSBs towards appointment against vacancies in PSBs for the period 2018-19
It was primarily due to a higher trade deficit ($41.6 billion) brought about by a larger increase in merchandise import.
The 'bad bank' -- which will help banks clear their balance sheets by transferring the NPAs to special purpose vehicles -- has been one of the most debated ideas for stressed asset resolution.
The RBI has been critical of banks for using restructuring schemes to hide the stress.
Sources close to the development said a significant amount of around Rs 7,000 crore had been put into the SBI account with a proposal on escrow of the deposited funds.
RBI may be inclined to impose severe restrictions on lending in the coming quarters.
According to data shared with the Lok Sabha, 19 road projects awarded after May 2014 were facing delays
The permission right now is for delivery only for stationary usage. This limits the service to those who operate units like diesel generation sets.
Nirma has jumped into the ongoing cricket spectacle - IPL - as the principal sponsor for the Virat Kohli-led Royal Challengers Bangalore to raise awareness and recognition for the cement brands it acquired after its purchase of the erstwhile Lafarge India's assets in 2016
RBI deputy governor N S Vishwanathan has said the new framework was in line with the Insolvency and Bankruptcy Code guidelines.
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