The IBC and new RBI frameworks are transforming India’s distressed asset market, improving transparency, recovery rates, and investor confidence, while regulatory reforms and strategic partnerships create growing opportunities for global private equity participation
According to data shared by Minister of State for Communications Pemmasani Chandra Sekhar in Lok Sabha, BSNL has earned Rs 2,387.82 crore and MTNL Rs 2,134.61 crore up to January 2025 from monetisation of lands and buildings.
WhiteOak Capital Asset Management’s CEO Aashish P Somaiyaa answers ten questions for Moneycontrol. In this rapid-fire, Somaiyaa talks about Paytm’s saga, investors’ mistakes, favourite CEO, and mistakes that retail investors often commit.
Voyager selected Binance.US as the highest and best bidder after reviewing options, the company said in a statement Monday.
It’s that time of the year when, along with holiday plans, it’s also time to evaluate your portfolio. How did different asset classes perform? What's one important learning to implement in 2023
The SEC said Kardashian was paid $250,000 to post on her Instagram account about EMAX tokens, a crypto asset offered by EthereumMax. Khardashian didn’t admit or deny the regulator’s allegations in settling the case.
Adani Road Transport, a subsidiary of Adani Enterprises, will acquire Gujarat Road and Infrastructure Company and Swarna Tollway for around Rs 3,110 crore from Macquarie Asia Infrastructure Fund
Temasek is expected to roll over its Medanta shares for an extra pie in Manipal, where it would hold 30-35 percent after stake conversion.
Suzlon’s O&M services business is probably the biggest attraction for Brookfield; while ownership of land parcels is another asset that a buyer will see value in
Here's a roundup of the key happenings in the commodities market, with a deep dive into some of the most active counters
Edelweiss ARC bought almost two-thirds of the NPAs, which were worth Rs 22,000 crore.
GIC Housing Finance today reported a 12.6 per cent increase in its net profit at Rs 34.43 crore for the third quarter ended December.
"Asset quality will remain a negative driver of the credit profiles of most rated Indian banks and the stock of impaired loans. Non-performing loans (NPLs) and standard restructured loans will still rise during the horizon of our outlook," says Alka Anbarasu, a Moody's Vice President and Senior Analyst.
Gold import has increased in the last one month, says Ved Prakash, CMD of MMTC.
Helped by growing interest from retail investors and aggressive buying of stocks, mutual fund industry grew at a rapid pace in 2016 with addition of almost Rs 4 lakh crore, or 28 per cent, to its asset base and is looking to cross Rs 20-trillion mark in the new year.
Wealthy investors continued to have faith in portfolio managers or advisory services as the assets under management of such entities rose to over Rs 11.74 lakh crore in the Indian capital market at November-end.
Banks have been allowed 60 days for recognition of loan as standard in certain cases and the revised norm is applicable for loans payable between November 1 to December 31.
Country's largest lender State Bank of India (SBI) is likely to show a 30.5 percent degrowth in second quarter profit Rs 2,697 crore compared with year-ago period.
The estimated actual impaired ration of banks now is 1-1.5 percent than reported numbers, believes Srikanth Vadlamani. Moody‘s had put this ration at 2.5-3 percent earlier.
State-owned Bank of Maharashtra has reported a loss of Rs 397.40 crore in the first quarter ended June 30 2016 on account of bad loans.
With many large companies going in for an asset light model, the manufacturing work is subcontracted to SMEs. Trouble arises when the large companies don't get timely payments from their clients which then leads to a liquidity squeeze down the chain.
Liberty House and Excalibur Steel are in a race for purchasing Hartlepool and South Yorkshire assets of Tata Steel, said the steel giant on Friday in an official notification.
Private sector banks and financial companies will also see growth, said Shreyas Devalkar, Fund Manager Equities, BNP Paribas MF.
RCom has plans to upgrade all its CDMA customers to 4G platform and it will primarily leverage RJio's network to offer the services.
Sources tell CNBC-TV18 that LIC may auction Unitech's 14 lakh square meter of land in Noida on May 6.