Good business in bad loans. This is the only answer I got after searching, researching and interviewing bankers and asset reconstruction professionals.
He has questioned the rationale behind some actions like the free sale of its telecom arm to Airtel, massive debt-driven acquisitions by Tata Steel.
UCO Bank is mainly focussing on recovery in order to return to profit, its top officials said.
The National Company Law Appellate Tribunal (NCLAT) today refused to stay the delisting process of debt-ridden firm ElectroSteel Steel under the resolution plan by its bidder Vedanta Ltd.
To make stock market listing attractive for startups, leading stock exchange BSE has decided to launch a new platform next month to list the new-age companies.