Healthcare
Two drugmakers in race for Orchid Pharma as revival hopes brighten
Orchid Pharma Ltd has attracted takeover interest from three suitors, including two drugmakers, re-igniting hopes for a revival...
TMT
Aircel lenders approve UV ARC's bid, to get less than 1% of dues
Delhi-based UV Asset Reconstruction Company Ltd has received approval of the lenders to Aircel Ltd to buy the debt-laden telecom...
General
Stressed assets: Jet revival hopes dim; Dighi Port, Maiyas Beverages to get new owners
Indian banks are estimated to have recovered almost Rs 70,000 crore from various companies through bankruptcy resolution processes...
Infrastructure
Tribunal annuls voting by Jaypee Infratech creditors on NBCC's takeover bid
The National Company Law Appellate Tribunal (NCLAT) on Friday annulled voting by Jaypee Infratech Ltd' committee of creditors...
Finance
Bank of India to sell stressed assets worth $4.3 bn to ARCs
Indian government-owned Bank of India plans to put stressed assets worth Rs 30,000 crore (around $4,280 million at current exchange...
Finance
ARCIL looks to beef up war chest for acquiring stressed assets
Asset Reconstruction Company (India) Ltd (ARCIL) plans to raise at least Rs 1,000 crore ($142 million) in the current financial...
Infrastructure
Jet Airways lenders reach out to unsolicited bidders to revive airline
SBI Capital Markets Ltd, the investment bank mandated to look for buyers for Jet Airways (India) Ltd, on Wednesday held ......
Consumer
Sadananda Maiya-backed firm set to take over Maiyas Beverages
A company backed by food entrepreneur Sadananda Maiya is set to take over Maiyas Beverages & Foods Pvt. Ltd, which ......
Infrastructure
NCLT clears JNPT's plan to acquire Dighi Port, rejects Adani plea
A bankruptcy court has approved a resolution plan by government-owned Jawaharlal Nehru Port Trust (JNPT) to buy debt-laden Dighi...
General
Stressed assets: Essar-ArcelorMittal fight drags on; RCom enters bankruptcy
Large insolvency cases saw several twists and turns over the past week as lenders struggled to find investors for resolution ......
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