The coronavirus (COVID-19) outbreak further hit the possibility of revival in the global economy as the death toll rises to more than 3200 in 86 countries with number of positive cases rising to more than 87,000 as of March 2020. Taking into consideration the ongoing economic disruption and prolonged suffering to the human life due
Alok Industries Limited, a textile manufacturing giant that has its roots in Mumbai and export business spread over 90 countries, faced a major setback in 2017. Failure to repay the debt of approximately INR 300 Billion to the lead lender State Bank of India, initiated insolvency proceedings against the textile giant. To make things run
The Chatterjee Group (TCG) is an investment company, providing end-to-end product and service capabilities, that has its horizon of specialization spreading across many sectors such as petrochemicals, pharmaceuticals, biotech, real estates, etc. In the month of February 2020, the owner of TCG, Mr. Purnendu Chatterjee made an announcement that the company is going to invest