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9Unicorns -backed Legalpay marks first exit from insolvency financing

Finance

9Unicorns -backed Legalpay marks first exit from insolvency financing

Venture capital-backed litigation financing startup, Legalpay has made its first successful exit in ...

Future Group shares plummet after Reliance calls off $3.4 bn deal

Finance

Future Group shares plummet after Reliance calls off $3.4 bn deal

Shares of Future Group companies have fallen sharply, some as much as 20%, after oil-to-telecom ...

Nithia Capital acquires stressed steel firm for $80 mn

Manufacturing

Nithia Capital acquires stressed steel firm for $80 mn

UK-based advisor and distressed steel investor Nithia Capital announced it has completed the ...

Brookfield, Multiples, Adani, Blackstone arm among 55 interested bidders for Reliance Capital

Finance

Brookfield, Multiples, Adani, Blackstone arm among 55 interested bidders for Reliance Capital

Brookfield, Ares SSG Capital, Edelweiss, Blackstone’s asset reconstruction arm, Multiples private ...

Reliance, Ares SSG-backed unit win bid for stressed Sintex Industries

Manufacturing

Reliance, Ares SSG-backed unit win bid for stressed Sintex Industries

Mukesh Ambani-owned Reliance Industries (RIL) has partnered with Ares SSG Capital-backed Assets Care...

KKR, Blackstone, Piramal among 14 entities show interest to buy stressed Reliance Cap: report

Finance

KKR, Blackstone, Piramal among 14 entities show interest to buy stressed Reliance Cap: report

Global private equity major KKR, Apollo Global, Blackstone, Brookfield and JC Flowers are among the ...

Over 18,600 stressed assets worth Rs 5.9 lakh cr resolved before bankruptcy admission: Economic Survey

Finance

Over 18,600 stressed assets worth Rs 5.9 lakh cr resolved before bankruptcy admission: Economic Survey

At least 18,629 applications of distressed companies with debt worth over Rs 5.89 lakh crore (...

Fresh bids for Videocon Industries by Feb 2 after Vedanta Group's bid rejected

Consumer

Fresh bids for Videocon Industries by Feb 2 after Vedanta Group's bid rejected

State Bank of India (SBI)-led consortium of lenders of have invited fresh expressions of interest (...

9Unicorns-backed LegalPay launches healthcare-focused fund for retail investors

Finance

9Unicorns-backed LegalPay launches healthcare-focused fund for retail investors

9Unicorns-backed tech-based litigation financing start-up LegalPay has launched a Special Purpose ...

NCLAT revokes Vedanta unit's plan for Videocon Group, lenders may restart bidding process

Consumer

NCLAT revokes Vedanta unit's plan for Videocon Group, lenders may restart bidding process

A higher bankruptcy court on Wednesday set aside the National Company Law Tribunal (NCLT) order on ...