Jaiprakash Associates faces corporate insolvency with 25 bidders vying for acquisition, including major Indian conglomerates ...

India's state-backed bad bank, NARCL, is aiming to acquire stressed assets worth ₹10,000 crore in the first quarter of FY26.

Motilal Oswal Financial Services projects just 0.5% year-on-year earnings growth for the March quarter across its coverage ...

Larger cases will still be handled by the National Asset Reconstruction Company Limited (NARCL). Additionally, ARCs need to ...

RBI has proposed a new route for banks and NBFCs to offload bad loans, allowing them to bundle and sell stressed assets ...

RBI has proposed a new route for banks and NBFCs to offload bad loans, allowing them to bundle and sell stressed assets directly to investors..

The National Asset Reconstruction Company Limited (NARCL) leads the list of claimants after acquiring the stressed JAL loans from a consortium of lenders headed by the State Bank of India (SBI), as ...

It also owns limestone mines and has investments in multiple subsidiaries like Jaiprakash Power Ventures Ltd and Yamuna Expressway Tolling Ltd. The National Asset Reconstruction Company Ltd (NARCL), ...

Gautam Adani’s Adani Enterprises, Anil Agarwal-led Vedanta, and Baba Ramdev’s Patanjali Ayurveda are among 26 companies that have expressed interest in acquiring Jaiprakash Associates (JAL), which is ...

The total claims by creditors against Jaiprakash Associates stand at a staggering Rs 57,185 crore. The National Asset Reconstruction Company Limited (NARCL), which took over the stressed loans from a ...

Others who showed interest in acquiring Jaiprakash Associates Ltd (JAL), currently under insolvency proceedings initiated to recover defaulted loans, include Ahmedabad-based Torrent Group, Jindal ...