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Jet Airways lenders make fourth attempt to sell grounded carrier

General

13 May, 2020

Jet Airways lenders make fourth attempt to sell grounded carrier

Lenders to Jet Airways have decided to invite fresh expressions of interest for selling a stake in the bankrupt airline....

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Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare

Finance

07 May, 2020

Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare

Coronavirus has set off a flurry of renegotiations for distressed assets falling under the Insolvency and Bankruptcy Code (IBC)...

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This might be a record year as bankruptcies go through the roof: Dhruva Advisors partner

Finance

21 April, 2020

This might be a record year as bankruptcies go through the roof: Dhruva Advisors partner

The number of bankruptcies this year could be at least four to five times that of last year owing to ......

Dhanuka Laboratories takes over Orchid Pharma under insolvency plan

Healthcare

01 April, 2020

Dhanuka Laboratories takes over Orchid Pharma under insolvency plan

Dhanuka Laboratories Ltd has taken over Orchid Pharma Ltd as per an insolvency resolution plan that was approved by courts ......

Govt to unveil fiscal package to help economy face coronavirus: Sitharaman

Finance

24 March, 2020

Govt to unveil fiscal package to help economy face coronavirus: Sitharaman

India’s government will soon announce a fiscal package to help the economy face the impact of the coronavirus, Finance Minister...

Jet Airways lenders seek two more months for insolvency resolution

Infrastructure

13 March, 2020

Jet Airways lenders seek two more months for insolvency resolution

With investors not showing up amid global coronavirus outbreak, lenders to Jet Airways will seek another extension of around two...

Jet Airways gets no bids, almost certain to be liquidated

Infrastructure

11 March, 2020

Jet Airways gets no bids, almost certain to be liquidated

Bankrupt carrier Jet Airways (India) Ltd has failed to attract any buyer and is likely to be sent for liquidation ......

As Adani lumbers towards Dighi Port acquisition, promoter cries foul

Infrastructure

06 March, 2020

As Adani lumbers towards Dighi Port acquisition, promoter cries foul

The bankruptcy tribunal has okayed Adani Ports and Special Economic Zone Ltd’s resolution plan for debt-laden Dighi Port...

IVRCL gets bid for sale of company as going concern under liquidation

Infrastructure

04 March, 2020

IVRCL gets bid for sale of company as going concern under liquidation

Hyderabad-based construction firm IVRCL Ltd is set to become the first company under liquidation to be sold as a going ......

Hughes Network fears India bankruptcy, bank disruptions over AGR dues

TMT

24 February, 2020

Hughes Network fears India bankruptcy, bank disruptions over AGR dues

U.S. satellite broadband provider Hughes Network Systems may have to shut its Indian operations due to unpaid levies owed to ......

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