How Hindustan Construction wriggled out of the Lavasa tangle
Pushed to the brink of collapse owing to the failed hillside township project, the construction firm turned to India’s bankruptcy law to revive itself.
January 12, 2023•5 min
0
January 12, 2023•5 min
0
More in Business
Business
From India and Pakistan, two new banks for the Emirates
The acquisition of RBL and First Women Bank, Amazon Now in the Emirates and other updates from the week.
You may also like
Business
Riyadh Air makes new moves at the Paris Air Show
Saudi ambition soars, UAE’s oil is moving overseas and the latest in real estate.
Business
Pushed into rescuing KTM, Bajaj must now steer it out of trouble
The Pune-based automaker will have to completely revamp the operations of its near-bankrupt Austrian partner to reap the upside of a stable of high-end motorcycles and their enduring appeal.
Internet
Lured by a get rich(er) quick scheme, HNIs allege TradeCred bluffed them
A row has broken out between invoice discounting platform TradeCred and a few investors over a default involving the popular startup Bizongo. This is the latest blow-up in a space that is driven by the allure of high returns and is a regulatory grey area.
