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Vedanta beats Adani with Rs 17,000 cr bid to acquire Jaiprakash Associates

Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources.......

Reliance Infra cuts standalone debt by 87%; shares surge 20%

Anil Ambani's Reliance Infrastructure Ltd has slashed its standalone debt by 87 per cent to Rs 475 crore after it cleared outstanding dues of Life Insurance Corporation of India, ICICI Bank and......

Adani, 4 others submit Rs 10k-11k cr bids for Jaiprakash Associates

Five companies have submitted resolution plans for Jaiprakash Associates Ltd (JAL), the flagship company of the beleaguered Jaypee group, the company has said in a stock exchange filing.......

IIHL completes acquisition of Reliance Capital

IndusInd International Holdings chairman Ashok Hinduja on Tuesday announced the acquisition of Reliance Capital, completing the three-year-long resolution process of the debt-ridden company.......

Has India's 'Bad Bank' Worked Or Not?

The target was for banks to sell Rs 2 trillion worth of non-performing assets to NARCL, the so-called 'bad bank', by 2021-2022.Only 10 per cent of this has been executed. Illustration: Dominic......

India Debt Reconstruction Company Ltd

News for India Debt Reconstruction Company Ltd

Vedanta beats Adani with Rs 17,000 cr bid to acquire Jaiprakash Associates

Reliance Infra cuts standalone debt by 87%; shares surge 20%

Adani, 4 others submit Rs 10k-11k cr bids for Jaiprakash Associates

IIHL completes acquisition of Reliance Capital

Has India's 'Bad Bank' Worked Or Not?

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