Finance
Piramal-Bain distressed assets fund set to raise $750 mn
India Resurgence Fund will be raising $750 million (around Rs 5,250 crore) over the next few months to increase its ......
Consumer
PE-backed Adlabs Entertainment dragged to bankruptcy court
Weeks after private equity firm ICICI Venture exited Adlabs Entertainment Ltd with a huge haircut, a lender to the theme ......
Consumer
New bidder selected to acquire Thunderbolt beer maker
Lenders to Mount Shivalik Industries Ltd, the maker of popular beer brand Thunderbolt, have approved an offer by a new ......
Finance
RBI eases stressed assets norms—here's what has changed
The Reserve Bank of India on Friday allowed lenders complete discretion to design and implement bankruptcy resolution plans in...
Finance
Stressed assets this week: Nirav Modi firms head to NCLT; reprieve for Sterling Biotech
There was plenty of action at the bankruptcy courts this week, with breakthroughs achieved in a couple of cases that ......
TMT
NCLT approves Srei Group's takeover plan for Deccan Chronicle
The National Company Law Tribunal (NCLT) has approved a plan by an investment arm of Kolkata-based Srei Group to acquire ......
Healthcare
NCLAT stays liquidation of Sterling Biotech
The National Company Law Appellate Tribunal (NCLAT) has stayed the order of a lower bankruptcy court which had referred debt-laden...
Manufacturing
NCLAT okays Maruti Ferrous' modified plan for buying Sunil Ispat
Maruti Ferrous Pvt. Ltd’s plan to acquire bankrupt Sunil Ispat and Power has been okayed by the National Company Law ......
Finance
IDBI Bank looks to speed up asset-sale plans in turnaround bid
IDBI Bank hopes to complete the sale of its mutual fund and insurance businesses as well as that divestment of ......
Consumer
Som Distilleries top contender to acquire north Indian beer brand
Som Distilleries Pvt. Ltd has emerged as the leading contender to acquire a north India-based beer brand. The Bhopal-based...
Most Popular
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News