These companies had an accumulated loss of Rs 55,656 crore (Rs 556.56 billion) in 2012-13.
Bankers say it's a question of survival for debt-heavy companies.
The first was wholesale funded banks and non-bank finance companies.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
China has cast a long shadow on India's economy.
Experts believe there are more such decisions in the offing, which along with a recovery in economic growth and India Inc.
On Reva, Mahindra says electric cars are an innovation that can disrupt the automobile sector.
It, however, lags other states on crucial parameters such as health care and rural poverty.
Revivals nearly double q-o-q to 36 in September, highest in 3 years
But earnings of main private holding firm get a booster dose from RIL dividend
Top companies in China are valued at 7.7 times the trailing 12-month earnings against a P/E ratio of 18.6 times for Nifty 50 companies.
Engineering conglomerate fended off three corporate raids but emerged stronger.
From selling 14,000 Jeeps in 1973, we slipped to selling just 7,000 vehicles within just three-and-a-half years by 1976.
According to documents accessed by Business Standard, RIL increased its direct stake in Jio to 98.9 per cent as on March this year by pumping more capital into the company.
Riding on a stock market boom since 2009, India Inc's chief executives have been able to salvage a lot of lost pride in their second innings.
Short-term gains are always unpredictable.
CEOs fear any change in status of the mines will mean disruption in production, loss of investment and increased production cost for user industries.
Hindalco has done very well with Rs 900 crore (Rs 9 billion) of ebidta in June quarter.
BofA-ML mandated to find buyer for 27.5% stake in media group's holding firm
The group plans Rs 30,000-cr oil refinery with IOC; buys Lanco's Udupi power plant for Rs 6,000 cr