Fund houses appointed P.J. Nayak, former chairman of Axis Bank, as a mediator for talks with Essel groupThe sale of a minority stake in ZEEL to a financial investor will take care of the immediate debt owed to mutual funds and banks
2 min read11 Jun 2019Essel Group has been looking to deleverage by selling stakes in various group businesses, including Zee, Essel Propack and Essel Infraprojects
2 min read10 Jan 2019The 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