General
Stressed assets this week: Tatas win race for Bhushan Energy; Jaypee Infra in focus
The total number of cases that have ended with the order of liquidation stand at 378 as on 31 March, ......
Finance
Alvarez & Marsal's Nikhil Shah on rising dealmaking activity in stressed assets
Turnaround and restructuring specialist Alvarez and Marsal has been in the thick of the resolution proceedings initiated under India’s Insolvency ......
Manufacturing
After Bhushan Steel, Tatas to acquire Bhushan Energy via insolvency route
Tata Steel won yet another insolvent company Bhushan Energy Ltd promoted by Neeraj Singal, with the National Company Law Tribunal...
Finance
Eight Capital, Emso buy Ambit's stake in ARC joint venture with JC Flowers
Mumbai-based stressed asset investor Eight Capital Management and London-headquartered Emso Asset Management on Thursday announced...
Finance
PNB hikes bad-loan recovery target by over 50% for FY20
State-owned Punjab National Bank (PNB) has increased its bad-loan recovery target to Rs 25,000 crore for the current financial...
Healthcare
SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid
State Bank of India and other creditors to Calyx Chemicals & Pharmaceuticals Ltd will get less than 5% of their ......
Healthcare
Parabolic Drugs set to chart recovery path as lenders approve takeover bid
Debt-laden Parabolic Drugs Ltd is headed on the road to recovery after its lenders gave their stamp of approval to ......
Finance
Boutique financial firm SC Lowy to deepen stressed asset play in India
SC Lowy, Hong Kong-based privately-owned global banking group specialising in credit market and debt asset class, has plans to...
Healthcare
Stressed assets this week: Jet, Orchid Pharma and Aircel in focus
With the insolvency courts in recess, activity in the stressed assets segment was slightly subdued in the week gone by. ......
Infrastructure
Despite Hinduja interest, Jet Airways' hopes of a revival still look slim
Grounded for more than a month, Jet Airways spotted a glimmer of hope on Tuesday when the Hinduja Group said ......
