Suzlon Energy denies reports it filed for bankruptcy, stock slumps by 9 pc

Troubled renewable energy solutions provider Suzlon on Monday denied reports suggesting that it has filed for bankruptcy and will soon be

Insolvency regulator specifies one year limit for liquidation of company

The insolvency regulator has notified rules that will give promoters and other stakeholder 90 days after the commencement of insolvency proceedings to re-take control of the company through agreements with creditors, as per ET reports.

Jet Airways to file for bankruptcy this week

Insolvency proceedings against Jet Airways are likely to begin this week as a consortium of lenders led by the State Bank of India (SBI) failed to find a buyer for the beleaguered airline.

Jet Airways: The Joy of Flying nears end

Once India’s biggest private carrier, Jet Airways stopped flying in April after running out of cash. With no more investors in hand, lenders to Jet Airways have decided to file for bankruptcy.

Newsline | Anil Ambani: Where did it all go wrong?

The bankruptcy filing of RCOM is only the latest in a series of bad news for Anil Ambani. The decline of his empire is a stark lesson on the perils of over-leverage and excessive diversification. RCOM’s debacle is symbolic of…