IDBI

IDBI Bank, PNB Housing Finance and term-lending institution Sicom are separately working on plans to sell almost the entire distressed loan books, replicating the sale processes…
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Brokerage firms JPMorgan maintained an overweight rating on Bajaj Auto, Antique initiated a buy on Arvind Smartspace and IDBI Capital also initiated coverage on Coforge with a buy…
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India’s bankruptcy court has admitted Reliance Broadcast Network Ltd., the Big FM radio network operator under the Corporate Insolvency Resolution Process (CIRP).The Mumbai bench of the…
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Mumbai: National Asset Reconstruction Co (NARCL)'s full-cash offer for (CCCL) is facing a stiff challenge from the promoter who has in an application offered to settle dues under…
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SynopsisTata Consultancy Services (TCS) is expected to report 1.1% sequential growth. The company’s rupee denominated revenue is expected to increase at a faster rate of 3.2%…
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"They should not be only chasing one budget number but they should also be meeting multiple objectives that we have stated," says Tuhin Kanta Pandey, DIPAM Secretary. How has been the…
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Mumbai: Consumer spending on credit cards fell for the first time since July, signalling an end to the festive season that had begun with Onam. Credit card spends fell more than 12%…
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India's bankruptcy court will hear on January 12 requests from Zee Entertainment Enterprises (Zee) lenders to prevent a merger between it, Culver Max Entertainment (owned by Sony), and…
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Mumbai: Life Insurance Corp has withdrawn the offer to sell ₹3,400 crore of debt of Anil Ambani-promoted to Asset Care and Reconstruction Company (ACRE) over concerns the…
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IDBI Bank has filed a fresh insolvency petition against the Essel Group promoted cable company Siti Networks Ltd becoming the third lender to drag the debt laden company to court as…
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