Stressed companies under insolvency law have assets worth less than 5% of what they owe to lenders. As of September, 2,630 liquidation cases owed ₹9.51 lakh crore but had only ₹45,000 crore in assets.
Indian leaders from across the political spectrum visited former Prime Minister Manmohan Singhs residence to pay tributes.
UltraTech Cement is acquiring an 8.69% stake in Meghalaya-based Star Cement for ₹851 crore to strengthen its presence in the northeastern market. This strategic move follows the acquisition of India ...