JAL moves SC, seeks approval of revival plan for JIL

Embattled realtor Jaiprakash Associates Ltd (JAL) has sought approval of the Supreme Court a revival plan for its subsidiary Jaypee Infratech Ltd (JIL), including an offer of Rs 1,000 crore credit from an Indian Bank.

Making a good business out of bad loans!


Good business in bad loans. This is the only answer I got after searching, researching and interviewing bankers and asset reconstruction professionals.

Ahead of NCLT verdict, Mistry fires fresh salvo at Tata Sons

Jul 02 2018

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 stresses on recovery

Jun 27 2018

UCO Bank is mainly focussing on recovery in order to return to profit, its top officials said.

NCLAT declines to stay ElectroSteel's delisting

Jun 27 2018

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.

BSE to launch new platform to list startups next month

Jun 25 2018

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.

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