Kanpur: Decline of an industrial hub

During election season, every party leader worth his salt makes promises of revival, only to again repeat these in the next polls, reportsKavita Chowdhury The British era clock on the 128-feet......

More than 60% of bankruptcy proceedings led to liquidation in Q2

Experts say this further underlines the lack of investor interest in stressed assets at present. Illustration: Dominic Xavier/Rediff.com More than 60 per cent of the corporate insolvency......

Bankruptcy: Creditors recover nearly half of total claims

The total admitted claim of financial creditors of these 88 companies stood at Rs 1.3 trillion, of which they recovered Rs 65,635 crore. Illustration: Dominic Xavier/Rediff.com Of the total......

IBC process: Any buyers for these 137 firms facing liquidation?

With assets depreciating over time, it will lead to large haircuts for lenders and creditors, say experts Illustration: Dominic Xavier/Rediff.com The majority of companies going for liquidation......

Government is playing poker with banks

'By not letting bankrupt banks fail, we have discouraged ordinary folk from taking precautions while choosing their bank or at least when they hear bad news about their bank,' says S Muralidharan,......