ECL Finance Company MD and three officials were on Tuesday quizzed for nearly eight hours by the Raigad police in Maharashtra probing the alleged suicide of film art director Nitin Desai, an......
Raigad police in Maharashtra on Friday registered a criminal case against five persons including Edelweiss Group chairman Rashesh Shah for alleged abetment of art director Nitin Desai's suicide.......
Reliance Industries (RIL) is likely to be the lone bidder for Mangalore-based JBF Petrochemicals, which is up for sale after defaulting on bank loans worth Rs 5,000 crore. Photograph: PTI Photo......
Tata AIG, ICICI Lombard and Nippon Life have evinced interest for the profit-making insurance arm of Reliance Capital (RCap), joining several prominent financial companies from India and abroad in......
Banks are set to sell dud-loans worth Rs 90,000 crore of 22 firms in the first tranche to the National Asset Reconstruction Company (NARCL). Illustration: Uttam Ghosh/Rediff.com It’s reason......
Property buyers fund the project cost and the entire debt and entire equity servicing, and yet, have no locus standi in the IBC process, points out Debashis Basu. Kindly note the image has only......
The brand new bankruptcy process is being brazenly gamed by those with connections and money.The touts and fixers of the previous regime have been replaced by a new set close to this one, observes......
Photograph: Kind courtesy Nitin Chandrakant Desai/Instagram Noted art director Nitin Chandrakant Desai, who was found dead on Wednesday at his studio in Maharashtra's Raigad district, had......