E-PaperAsset Sales News
IL&FS appoints L&T Finance Holdings’ N. Sivaraman as COO
L&T veteran N. Sivaraman will be responsible for day-to-day operations at IL&FS and provide hands-on leadership and oversight to the group's asset sale efforts
1 min read3 Dec 2018Govt may not infuse extra capital into fraud-hit PNB
Fraud-hit Punjab National Bank (PNB) may have to rely on recoveries under IBC, asset sales to rebuild its fund base
2 min read1 Jun 2018Preserving the rescue culture within the IBC
We seem to have lost sight of the laudable objective of reviving an entity and turned phase I of the insolvency process into a bidding battleground
4 min read8 May 2018Addressing the insolvency code’s many dilemmas
The early successes of the Insolvency and Bankruptcy Code need to be built on if India is to avoid its next great wave of corporate over-borrowing and bank mislending
3 min read8 Apr 2018It’s sell or shrink as public sector banks forage for growth capital
Public sector banks are barely making profits, seeing an enormous erosion of capital and 11 of them are under the RBI's prompt corrective action plan
2 min read23 Feb 2018LIC to slow stock purchases after Rs44,000 crore investment by Nov end
LIC, with assets of Rs27.26 trillion as of end-September, had a target of investing Rs50,000 crore in stocks through the year which ends in March
1 min read5 Dec 2017The Great Indian Asset Sale: conditions apply
Through last week's amendment of the Insolvency and Bankruptcy Code, the government wants to send a tough message to promoters
3 min read27 Nov 2017RCom’s lost decade of aborted asset sales grinds on
The failure of merger deal with Aircel has sent RCom back to the drawing board to stitch together alternate deals to sell spectrum, land and fiber assets
2 min read4 Oct 2017Godrej Properties to raise Rs1,500 crore by selling office assets
Godrej Properties plans to use the funds raised from its office assets sale to pare debt
3 min read20 Apr 2017Airtel’s Bharti Infratel stake sale: KKR, CPPIB part of bigger agreement?
KKR and CPPIB, which have bought a stake in Airtel's mobile towers firm Bharti Infratel , are likely to buy Idea Cellular's stake in Indus Towers as well
2 min read29 Mar 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared