Beena Parmar

Stressed assets this week: Tatas win race for Bhushan Energy; Jaypee Infra in focus

General

31 May, 2019

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, ......

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Finance

31 May, 2019

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

31 May, 2019

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

30 May, 2019

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

30 May, 2019

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...

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Healthcare

30 May, 2019

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 ......

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Healthcare

29 May, 2019

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 ......

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Finance

27 May, 2019

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

24 May, 2019

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. ......

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Infrastructure

22 May, 2019

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 ......