insolvency and bankruptcy

No Respite For Troubled SpiceJet As NCLT Issues Notice Over Another Insolvency Plea

SpiceJet hit a new low with its market share shrinking by 80 bps to 2.3 per cent (month-on-month) in August, largely due to financial woes and increased grounding, carrying just 3.01 lakh domestic passengers.  

Sep 23, 2024, 19:15 PM IST

Framework under NPA ordinance by RBI may be out within 15 days

The Reserve Bank is likely to announce within a fortnight the guidelines to operationalise NPA ordinance so as to expedite the recovery of bad loans which have crossed Rs 8 lakh crore.

May 22, 2017, 16:06 PM IST