bankruptcy
Infrastructure
Go First lenders approve $55 mn fund infusion to revive bankrupt airline
Lenders to India's Go First, which is under bankruptcy protection, have approved interim funding of 4.50 billion rupees ($54.9 million) ......
Infrastructure
NCLT admits Go First into insolvency, places moratorium on aircraft leases
An Indian tribunal on Wednesday granted bankruptcy protection to Go Airlines (India) Ltd, a move that will help the country's ......
Infrastructure
Go First asks NCLT to urgently pass order on insolvency plea
Go Airlines (India) on Monday asked the country's company law tribunal to urgently pass an order on its insolvency plea, ......
Infrastructure
Go First, lessors lock horns as bankruptcy hearings begin
Indian airline Go First's effort to start insolvency proceedings has become ensnared in a tussle with aircraft lessors after they ......
Infrastructure
NCLT approves Suraksha's bid in Jaypee Infra insolvency case
The National Company Law Tribunal (NCLT), which was scheduled to govern on the Mumbai-based Suraksha group's bid to acquire Jaypee ......
Finance
Bankruptcy resolutions expected to soar after Budget spells relief for RPs
Liquidators in India, who are entrusted with winding up bankrupt companies, will no longer be prosecuted for failing to comply ......
Finance
Varde-Arena consortium bid for Srei group
A consortium of Arena Investors LP and Varde Partners, National Asset Reconstruction Co. Ltd (NARCL) and Mumbai-based Authum Investments have ......
Consumer
US firm Perfect Day to invest in Sterling Biotech under bankruptcy; to invest 1.5x more
Perfect Day, a US-based food technology startup that acquired Gujarat-based Sterling Biotech through the liquidation process under the bankruptcy process, ......
Finance
Oaktree, Hinduja and others bid for Reliance Cap; Advent stays away
US private equity major Oaktree Capital, Hinduja Group and Ahmedabad-based Torrent - a consortium of Piramal and Cosmea Financial - ......
Infrastructure
Värde Partners draws up $1 bn India investment plan
US alternative investment firm Värde Partners plans to invest as much as $1 billion to grow its portfolio in India ......