E-PaperDistress Sale News
Four start-ups sold for a song in 2016
From Jabong's sale to Tinyowl's merger with Roadrunnr, Mint lists distress sales of start-ups since the start of the year
2 min read1 Aug 2016Despite buzz of asset sales, they’re much lower than in 2010-11
In FY11 and FY12, after the Lehman crisis in FY09, mergers and acquisitions to revamp operations was the trend, while in the last fiscal it was more of distressed asset sales
1 min read11 Apr 2016Govt rules out distress sales in state-run banks
Rising NPAs exerting pressure on profitability of most state-run banks have made it difficult for them to tap markets
2 min read7 Apr 2015Govt mulls export incentives for 1.4 mln tonnes raw sugar
The move comes as mills start distress sale of the sweetener to pay cane farmers
1 min read11 Feb 2015FTIL claims Rs1,000 cr loss in distress sales after FMC order
FTIL claims FMC order became foundation for other regulatory orders and has led to forced divestment in ventures
3 min read14 Nov 2014Keep an eye on auctions for better deals
Keep an eye on auctions for better deals
4 min read23 May 2011Popular 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