bankruptcy
Finance
Bankruptcy boom: India added three insolvency professionals and four valuers a day
India’s three-year-old bankruptcy law has not only opened a fast-track path for creditors to recover their debts from defaulters...
Finance
These three sectors account for nearly three-fourths of bankruptcy cases
Ever since India implemented a new bankruptcy law in 2016, creditors have been quick to drag defaulters to various courts ......
Manufacturing
JSW Steel gets immunity for Bhushan Power acquisition
The National Company Law Appellate Tribunal (NCLAT) has given JSW Steel Ltd immunity from all criminal investigations for its...
Finance
An Indian firm enters bankruptcy every four hours, but that's not the only worrying trend
The number of companies dragged into bankruptcy courts jumped over the last two quarters, as creditors pressed the pedal to ......
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...
Infrastructure
Jet Airways to sell Netherlands business to KLM
Bankrupt Indian airline Jet Airways Ltd said it had agreed to sell its assets in Netherlands to Dutch airline KLM. If ......
Infrastructure
Goldman Sachs joins Varde Partners to take over RattanIndia Power's debt
Global investment bank Goldman Sachs has teamed up with alternative investment firm Värde Partners to take over RattanIndia...
Healthcare
SevenHills Hospitals back on the market after deal with UAE billionaire falls apart
SevenHills Hospitals Pvt. Ltd has again become available for sale with its creditors starting a new search for a buyer ......
Finance
Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage
Blackstone Group Inc., Warburg Pincus and several other private equity firms in India sniffed investment opportunities this year...
Infrastructure
Jet Airways lenders call for fresh bids to find buyers
Jet Airways (India) Ltd will go through a fresh round of bidding as its lenders have decided to make another ......
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