bankruptcy
Infrastructure
Jaypee Infratech lenders reject NBCC's takeover offer
Lenders to Jaypee Infratech Ltd have voted against NBCC (India) Ltd’s revised bid to take over the debt-laden real estate...
Consumer
PE-backed Adlabs Entertainment dragged to bankruptcy court
Weeks after private equity firm ICICI Venture exited Adlabs Entertainment Ltd with a huge haircut, a lender to the theme ......
Consumer
New bidder selected to acquire Thunderbolt beer maker
Lenders to Mount Shivalik Industries Ltd, the maker of popular beer brand Thunderbolt, have approved an offer by a new ......
Finance
RBI eases stressed assets norms—here's what has changed
The Reserve Bank of India on Friday allowed lenders complete discretion to design and implement bankruptcy resolution plans in...
TMT
NCLT approves Srei Group's takeover plan for Deccan Chronicle
The National Company Law Tribunal (NCLT) has approved a plan by an investment arm of Kolkata-based Srei Group to acquire ......
Healthcare
NCLAT stays liquidation of Sterling Biotech
The National Company Law Appellate Tribunal (NCLAT) has stayed the order of a lower bankruptcy court which had referred debt-laden...
Consumer
Som Distilleries top contender to acquire north Indian beer brand
Som Distilleries Pvt. Ltd has emerged as the leading contender to acquire a north India-based beer brand. The Bhopal-based...
Healthcare
SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid
State Bank of India and other creditors to Calyx Chemicals & Pharmaceuticals Ltd will get less than 5% of their ......
Healthcare
Two drugmakers in race for Orchid Pharma as revival hopes brighten
Orchid Pharma Ltd has attracted takeover interest from three suitors, including two drugmakers, re-igniting hopes for a revival...
TMT
Aircel lenders approve UV ARC's bid, to get less than 1% of dues
Delhi-based UV Asset Reconstruction Company Ltd has received approval of the lenders to Aircel Ltd to buy the debt-laden telecom...
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