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Anil Ambani

Anil Ambani’s RCom enters bankruptcy again in an attempt to sell its assets

The National Company Law Appellate Tribunal lifted interim orders on Reliance Communications that temporarily halted the bankruptcy case.
Jet Airways aircraft

Jet Airways lenders explore ways to utilise planes, protect other assets

Sources said lenders were actively considering proposals, including from Air India, for utilising about 15 planes owned by Jet Airways.
Jet Airways

Jet Airways suspends international flights till Monday as crisis worsens

The cash-strapped private air carrier announced that all its international flights will now be suspended till Monday.
A Jet Airways India Ltd. plane prepares to land at Chhatrapati Shivaji International Airport in Mumbai | Dhiraj Singh/Bloomberg

This rescue of Jet Airways is touch-and-go

Shareholders will vote on banks picking up a majority stake – at a price of Rs 1 for 114 million shares, to avoid putting India’s oldest private airline into court-administered bankruptcy.
A man walks past the Reserve Bank of India headquarters in Mumbai | Shashank Parade/ PTI

Year after historic circular, debate over RBI’s regulation making powers still mired in confusion

RBI’s last year circular making bankruptcy proceedings a must brought focus on the need for checks and balances when unelected officials write a law.
Anil Ambani

L&T & Edelweiss Group dump shares in fresh hit to Anil Ambani companies

The fragile investor sentiment for the Anil Ambani group was dealt a blow after its wireless unit, Reliance Communications, said last Friday it plans to file for bankruptcy.
Mukesh Ambani

Anil Ambani’s wireless bankruptcy could have one clear winner — Mukesh Ambani

Mukesh Ambani could have more bargaining power over assets of a company he helped dismantle by storming into the mobile phone market with free services.
Anil Ambani

How banks ran up a $7 billion phone bill with Anil Ambani’s RCom

The culture of extending the life of bad loans to big businesses and pretending nothing is wrong with them is proving too hard to end in India.
The rupee hit a record low last Thursday to cross 69 to a dollar | Dhiraj Singh/Bloomberg

Bankruptcy code is a new deal between the state and businesses in India

It has shaken up the protection model. 
Yes Bank

Yes Bank’s Rana Kapoor is playing a dangerous funding game with market money

Yes Bank’s stock has sunk 50 per cent in just three months.

On Camera

File photo | Dimple Yadav (R), Mayawati and Akhilesh Yadav (L) at a rally | Facebook/Dimple Yadav

Why Dimple Yadav touching Mayawati’s feet still riles upper caste Indians

Dimple Yadav’s gesture challenges the class system of Hindu society which categorises women and backwards of all castes as low and inferior.
crash

Budgam friendly fire: Should charge of culpable homicide be on the table in the fog of war?

A senior IAF officer and 3 other personnel could be booked for “culpable homicide not amounting to murder” in the February Mi-17 helicopter downing.

Defence

IAF men face action in Kashmir Mi-17 chopper crash as probe ‘almost confirms’ friendly fire

Six IAF personnel, one civilian were killed as an Mi-17 chopper was shot down in Kashmir on 27 February while Indian and Pakistan air forces were locked in a dogfoght 100 km away.
Prime Minister Narendra Modi in Varanasi in 2014 | Commons

Pracharak Modi: The mask you see, is the man you get

India has its first leader who is unapologetic about belonging to the social and political Right. This is how Shekhar Gupta foresaw Modi’s five years in this National Interest within three months of his victory in 2014.