Manufacturing
Amtek creditors accept US hedge fund's offer, to take deep haircut
The creditors of automobile component maker Amtek Auto Ltd have okayed a bankruptcy resolution plan proposing around 80% haircut...
Finance
IIFL founder Nirmal Jain on why the group split into three and more
Six months ago, Fairfax-backed IIFL group split into three listed entities -- finance, wealth and securities – as part of ......
Manufacturing
Tribunal greenlights Ipca bankruptcy resolution plan for Noble Explochem
A bankruptcy tribunal has okayed Ipca Laboratories Ltd’s revised resolution plan for industrial explosives firm Noble Explochem...
Finance
Adani Capital acquires Essel Finance's MSME loan business
Billionaire Gautam Adani-controlled Adani Group’s non-banking financial arm has acquired Essel Finance’s micro, small...
Finance
Ares Management to acquire controlling stake in SSG Capital
New York-listed Ares Management Corp is acquiring a controlling stake in Hong Kong-based alternative asset manager SSG Capital...
Consumer
Another VC-backed company faces bankruptcy
Venture capital-backed companies rarely get entangled in the crosshairs of bankruptcy courts. As startups generally don’t...
Healthcare
Piramal Enterprises to sell analytics unit Decision Resources Group for $950 mn
Piramal Enterprises Ltd has agreed to sell healthcare analytics unit Decision Resources Group to US-based Clarivate Analytics...
Infrastructure
GMR tweaks airport deal with Tatas, GIC, SSG Capital
GMR Infrastructure Ltd said on Thursday it will sell more stake than earlier planned in its airports arm to Tata ......
Infrastructure
Hinduja Group loses interest in Jet Airways but two suitors still in fray
UK-based Hinduja Group did not submit its interest for Jet Airways Ltd by the Wednesday deadline, a lender that is ......
Finance
HSA Advocates hires Shardul Amarchand exec as partner
New Delhi-based full-service law firm HSA Advocates has hired Sunando Mukherjee from rival Shardul Amarchand Mangaldas & Co....
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