As the global crisis situation really deepens and the Indian lockdown really continues the companies are expected to be in deeper trouble and stressed assets are also expected to loom large. Now at a time when the banks as well as the NBFCs could be saddled with huge amount of asset quality deterioration there needs to be more forms of funding’s and investors coming in to really help these ailing companies. The specialised area or the pocket of investors for stress funds which is a special situation funds could really play a big role in that.

Like other airlines looking to save cash amid lockdowns and travel bans that have crippled their business, AirAsia has said it doesn't need any more aircraft this year.

The world is already familiar with the concept of negative interest rates. And given the pace at which crude oil...

Embattled Liquor tycoon Vijay Mallya on Monday lost his High Court appeal against his extradition order to India in relation to charges of fraud and money laundering amounting to an alleged Rs 9,000 crore.