Namrata Acharya

Unpredictable weather, dwindling catch drive fishermen into choppy waters

Although weather prediction techniques have improved vastly over the last decade and storm predictions are made five days in advance, the fishermen often fail to receive warnings in time

Merger delays impact business decisions at government insurance firms

Companies post huge losses and market share

SBI pushes Essar Steel auction deadline to Feb 11 on developments at NCLAT

The appellate tribunal has directed the Ahmedabad Bench of NCLT to pass an order on the insolvency resolution of Essar Steel on Jan 31

PSBs put Rs 1-trn bad loans on sale as delays plague bankruptcy proceedings

Dragging cases in NCLT would mean higher provisioning in next quarter

SBI likely to put auction of debt exposure to insolvent Essar Steel on hold

This is a sequel to the NCLAT directing on Wednesday the Ahmedabad Bench of the National Company Law Tribunal (NCLT) to pass an order on the case by January 31

Anushree Jindal launches MFI, plans to foray into SME lending

The firm has been set up with a seed capital of Rs 15 crore through personal funding, said Anushree

SBI in talks with PEs, hedge funds to sell Rs 15,431-crore Essar loan

According to the list of financial creditors as of October 2018, SC Lowy Primary Investments has an exposure of about Rs 900 cr in Essar Steel on account of loans assigned by HDFC Bank and Axis Bank

18 NBFC-MFIs pool Rs 835 cr for securitisation, easing liquidity crisis

The first tranche of the pool, worth Rs 79 crore, has been bought HLF