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Corporate Debt Restructuring Cell

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What's in the Eveready takeover for Burmans

The change in ownership is expected to give a fresh lease of life to the company that has often been dragged by financial stress in its close to three-decade journey under the Khaitans, reports......

Highlights of Union Budget 2020-21

The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.   Union Finance Minister Nirmala Sitharaman on Saturday presented Union Budget......

Why CAs and company secretaries are a happy lot now

With 600-700 new NPA cases getting admitted into NCLT every month, the demand for resolution professionals is on the rise with their number more than doubling in less than a year. Illustration:......

The bad loan problem

GNPAs of public sector banks are now at a staggering 11.2 per cent of their advances. India’s bad loan problem is getting worse. As chart 1 (below) shows, gross non-performing assets......

Banks crack whip on debt rejig

Govt asks lenders to focus on all defaulters not just high-profile ones Banks have given a stern message to companies under debt restructuring, especially steel firms: Shape up or ship out.The......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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