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National Asset Reconstruction Company Ltd

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Local body polls soon? Maha cabinet takes 21 decisions in single day

With elections to local bodies looming, the Maharashtra cabinet took 21 decisions on Tuesday, an unusual number for a single meeting, including the closure of the state's asset reconstruction......

Raigad police quiz Edelweiss MD, officials for 8 hours

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......

Nitin Desai suicide: Edelweiss Group chairman, 4 others booked for abetment

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.......

Navy cancels Reliance Naval's Rs 2,500-cr NOPV contract

The Indian Navy has cancelled Reliance Naval and Engineering Ltd's (RNEL) Rs 2,500-crore naval offshore patrol vessels (NPOVs) contract, owing to delay in delivery of the vessels, according to......

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.......

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.......

ARC chiefs to meet RBI deputy guvs for seeking clarity on bank borrowing

The Reserve Bank of India (RBI) will meet top executives of asset reconstruction companies (ARCs) on Friday to take stock of the sector. Illustration: Dominic Xavier/Rediff.com During the......

PSBs clocked 11% growth in H1FY25

The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to......

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.......

Loan Default: Nitin Desai Lost Control Of Studio

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......

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