To ring-fence risk, Indian banks are increasingly asking promoters of companies with high debt to give personal guarantees on fresh loans or during rescheduling of loans. This is to force promoters to repay loans as corporate guarantees are not ... Smart Investor, 6 days ago
The United Kingdom based Diageo Private limited company distributor of beer, spirits and wine and the third European company investing in Ethiopia's beer industry through acquiring Meta is reportedly in talks to acquire a stake in Indian billionaire ...4 Traders, 1 week ago
India recently passed a new bankruptcy code that promises tougher action against corporate defaulters. But, as lawyers tell Ranajit Dam , having it implemented quickly and easily might be a challenge. With reporting by Manoj Kumar of Reuters ...Asia Legal Business, 2 months ago
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