Beena Parmar

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JM Financial ARC to beef up war chest for buying stressed assets

Infrastructure

02 August, 2019

JM Financial ARC to beef up war chest for buying stressed assets

JM Financial Asset Reconstruction Company Ltd, India's second-biggest buyer of bad loans, plans to mobilise fresh capital to ramp up ......

Infrastructure

31 July, 2019

Appeals tribunal extends Jaypee Infra's resolution period; orders fresh bidding

The bankruptcy appeals tribunal has extended the debt resolution period of real estate developer Jaypee Infratech Ltd by another 90 ......

Infrastructure

30 July, 2019

NCLAT grants three weeks to Dighi Port promoters to settle creditors' claims

The National Company Law Appellate Tribunal (NCLAT) has granted three weeks' time to the promoters of debt-ridden Dighi Port...

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Infrastructure

29 July, 2019

Construction firm IVRCL heads for liquidation

Hyderabad-based construction company IVRCL Ltd is headed for liquidation after failing to find a buyer under a bankruptcy resolution...

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Finance

29 July, 2019

Former Goldman, GE execs' alternative investment fund eyes final close

Nepean Capital, a public market-focussed private equity fund floated by former executives of Goldman Sachs and GE Capital, is...

Healthcare

29 July, 2019

NCLAT stays Dhanuka Labs' takeover of Orchid Pharma on plea by failed suitor

An appeals tribunal has stayed a bankruptcy court's approval to the resolution plan of Dhanuka Laboratories Ltd for Orchid...

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Finance

29 July, 2019

SBI CFO Prashant Kumar on bank consolidation, progress on stressed assets and more

State Bank of India (SBI) is leading many fights against top corporate defaulters, including Essar Steel, under the Insolvency and ......

General

26 July, 2019

Stressed assets: Essar Steel, Jet Airways cases drag on; Patanjali to buy Ruchi Soya

The distressed assets segment saw more action this week with at least one more well-known company reaching a resolution while...

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Infrastructure

26 July, 2019

Why Jet bidders can't pin hopes on loyalty scheme alone to fly carrier again

Jet Airways (India) Ltd’s creditors have dangled the airline’s lucrative loyalty programme to attract buyers, but...

Consumer

26 July, 2019

Patanjali gets NCLT nod to acquire Ruchi Soya, with conditions

The insolvency tribunal has okayed Baba Ramdev-led Patanjali Ayurved's bankruptcy resolution plan worth Rs 4,350 crore for...