Thursday, 22 June 2017
State Bank of India gets mandate to take three steel companies to bankruptcy court
MUMBAI: State Bank of India, the country’s biggest bank, has been authorised to refer Essar Steel, Bhushan Steel and Electrosteel to the bankruptcy court raising the possibility that some of these companies could be merged in an effort to return them to health.
You can read more here: State Bank of India gets mandate to take three steel companies to bankruptcy court
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Life insurers earn more in Oct selling lesser policies
The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...
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