PC Jeweller Q1 Results: Co posts third straight quarterly loss on mounting legal battles
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A slew of lenders, including State Bank of India, Indian Bank , IDFC First Bank and Union Bank, have deemed PC Jeweller's borrowing accounts as non-performing and have moved to court seeking loan recalls.
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Wockhardt employs more than 7,000 people and has a presence in the US, Britain, Ireland, Switzerland, France, Mexico, Russia and other countries. It has manufacturing and research facilities in India, the US and Britain, and a plant in Ireland. from Stocks-Markets-Economic Times https://ift.tt/2RO2P88
The RBI’s opposition to ARCs becoming resolution applicants (RA) could scuttle not just the Aircel plan but that of others such as Reliance Communications (RCom) as well. This would hurt state-run banks such as SBI, since they are the biggest lenders to companies that ARCs are looking to acquire in insolvency cases. from Stocks-Markets-Economic Times https://ift.tt/3joZLeO
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