scorecardresearch
Friday, March 29, 2024
TopicBankruptcy

Topic: bankruptcy

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 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.

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.

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.

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.

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.

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.

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

It has shaken up the protection model. 

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.

Kumar Mangalam Birla’s billion-dollar battle reshapes India’s bankruptcy focus

The order will probably set a precedent for other companies in insolvency proceedings and may jeopardise the 270-day timeline laid down to resolve such cases.

On Camera

Oka to Nagarathna—Bombay High Court judges taking up the cudgel when faith in courts eroding

When lynching, hate speech and bulldozer politics do not speedily invite the wrath of courts, then something is wrong with the third pillar of governance.

Congress attacks chief economic advisor over statement on unemployment, asks BJP govt to ‘vacate seat’

While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.