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Don’t miss the latest developments in business and finance.
RCap insolvency: Will creditors lose out in the resolution?
Monday was the last day for submission of bids for Reliance Capital assets sale after five deadline extensions. So, what is in the store for the lenders and other stakeholders, let us find out
Smart-city Lavasa receives two new bids offering Rs 25 crore upfront
Lavasa, a subsidiary of Hindustan Construction Company (HCC), was sent for bankruptcy in 2018
Promoters bidding for IBC assets have to first pay up dues: Arun Jaitley
In several of these cases, the original promoters themselves are among the bidders
Bidders for stressed assets face income tax hurdle
JSW Steel has emerged as the biggest potential acquirer of stressed assets