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In its approach to the IBC, the government got it right| Analysis
Instead of a blanket suspension, it went for a calibrated suspension. It will help India gain over other jurisdictions
Updated on May 20, 2020 08:58 PM IST
Anurag Das
What worked for the economy in 2019 | Opinion
Despite the bleak indicators, there were 10 positive developments, giving hope for the future
Updated on Jan 01, 2020 08:46 AM IST
Shekhar Gupta
Nifty, Sensex end higher as banks surge; telecom stocks jump on price hike plan
The Supreme Court of India on Friday cleared the path for steelmaker ArcelorMittal SA to take over bankrupt Essar Steel, and the judgment comes as a big reprieve for banks which are struggling with bad loans worth $140 billion.
Updated on Nov 19, 2019 04:04 PM IST
Reuters | Reuters
Nifty, Sensex tick up; PSU banks lead gains
The Supreme Court on Friday cleared the path for steelmaker ArcelorMittal SA to take over bankrupt Essar Steel, and the judgment comes as a big reprieve for banks which are struggling with bad loans worth $140 billion.
Updated on Nov 18, 2019 03:47 PM IST
Reuters | Reuters
Supreme Court clears path for ArcelorMittal to acquire bankrupt Essar Steel
Banks had moved to the Supreme Court earlier this year after an appellate court judgment put the claims of Essar’s operational creditors on a par with those of its lenders.
Updated on Nov 15, 2019 01:15 PM IST
New Delhi | Reuters