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Once-iconic textile firm enters bankruptcy to weave its way out of crisis
Manufacturing
Once-iconic textile firm enters bankruptcy to weave its way out of crisis
Beena Parmar
16 Hours ago
A textile company that owns a once-iconic saree brand is the latest to enter ...
Virus would have pushed viable firms towards premature death under IBC: IBBI chief
Finance
Virus would have pushed viable firms towards premature death under IBC: IBBI chief
Beena Parmar
2 Days ago
Last month, the government suspended triggering of insolvency cases against ...
US hedge fund gets court approval to buy bankrupt Amtek Auto
Manufacturing
US hedge fund gets court approval to buy bankrupt Amtek Auto
Beena Parmar
4 Days ago
US-based hedge fund Deccan Value Investors LP has received court approval to buy...
Jet Airways lenders extend bid deadline once again
Infrastructure
Jet Airways lenders extend bid deadline once again
Beena Parmar
4 Days ago
Lenders to Jet Airways (India) Ltd have yet again extended the deadline to bid ...
Adanis strike second deal for bankrupt firm amid allegations over impropriety
Manufacturing
Adanis strike second deal for bankrupt firm amid allegations over impropriety
Beena Parmar
14 Days ago
The real estate arm of billionaire Gautam Adani-led Adani Enterprises Ltd is set...
UV ARC to sell Aircel assets, start low-cost businesses in bid to repay lenders
TMT
UV ARC to sell Aircel assets, start low-cost businesses in bid to repay lenders
Beena Parmar
25 Days ago
UV Asset Reconstruction Company Ltd plans to resume certain operations of Aircel...
Suraksha ARC set to lose race for distressed textile firm
Manufacturing
Suraksha ARC set to lose race for distressed textile firm
Beena Parmar
26 Days ago
Suraksha Asset Reconstruction Ltd is likely to have lost a bid to acquire a ...
SBI puts Anil Ambani in dock for guarantee given on loans to his firms
Finance
SBI puts Anil Ambani in dock for guarantee given on loans to his firms
Beena Parmar
1 Month ago
The country’s largest lender State Bank of India (SBI) has taken Anil Ambani ...
Tribunal okays UV ARC’s sharp haircut for Aircel lenders, but with tweaks
TMT
Tribunal okays UV ARC’s sharp haircut for Aircel lenders, but with tweaks
Beena Parmar
1 Month ago
The National Company Law Tribunal (NCLT) has approved the insolvency resolution ...
TV and movie production house broadcasts SOS to resolve its debt under bankruptcy law
TMT
TV and movie production house broadcasts SOS to resolve its debt under bankruptcy law
Beena Parmar
1 Month ago
A Mumbai-based media production house has invited bids to resolve its debt worth...
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