Total admitted claims of financial creditors of two NBFCs are Rs 32,750.22 crore...

Charge is that certain suspicious transactions took place between 2018-19 and 2021-22...

Authum Investment and Infrastructure with a bid of Rs 5,526 crore received the second-highest vote with 84.86 per cent...

The offer includes upfront cash of Rs 3,500 crore with a net present value of Rs 7,000 crore...

Consortium raises concern over debt resolution process, calling it 'unreasonable, unfair, rushed andad-hoc'...

Srei is undergoing an insolvency resolution under Insolvency and Bankruptcy Code...

After a late-night bidding on Tuesday, NARCL has trumped Authum Investment and Infrastructure’s bid of Rs 5,526 crore...

Following a meeting of the financial creditors of the Srei companies, a legal evaluation of the resolution plans will start and after that a commercial evaluation is expected...

Administrator sought time after committee of creditors received expressions of interest from three serious participants...

Steel maker is not present in infrastructure equipment lending space in which these two NBFCs, promoted by Kanoria family of Calcutta, operate...