bankruptcy
Manufacturing
Essar Steel lenders dig in their heels against StanChart, operational creditors
Essar Steel India Ltd’s Committee of Creditors (CoC) is sticking to its stand on how to distribute the capital ArcelorMittal...
Infrastructure
Why bankruptcy court looks set to be Jet Airways' next destination
Arvind Gupta is one of Jet Airways’ 1.4 lakh shareholders. He says he wrote the obituary for India’s oldest private...
Manufacturing
Ballarpur Industries unit dragged to bankruptcy court for second time
Kotak Mahindra Bank has dragged BILT Graphic Paper Products Ltd to the bankruptcy court after the unit of Avantha group-promoted...
Healthcare
BR Life gets lifeline in stressed hospital asset SevenHills buyout
Billionaire BR Shetty’s BR Life, the largest private healthcare company in the UAE, has received a boost in its attempt ......
Healthcare
Exclusive: Sole bidder emerges for bankrupt pharma firm Parabolic Drugs
Parabolic Drugs Ltd, a listed bulk drugs manufacturer which is currently undergoing insolvency proceedings, has received a takeover...
Finance
Govt may direct state-run banks on bad debt after court's rejection of RBI rules
The government could issue directions to state-run banks to resolve corporate default cases and ensure there is no tampering with...
Finance
Stressed assets resolution to stretch as top court quashes RBI rules on bad loans
India's top court on Tuesday struck down the Reserve Bank of India's February 12, 2018 circular on bad loans, a ......
Infrastructure
Why Jet Airways' worries are far from over despite rescue deal
Jet Airways' investors are cheering this week's government-led rescue deal, but the cash-strapped Indian airline's...
Infrastructure
Jyoti Structures bankruptcy resolution back on track as tribunal quashes liquidation order
An appellate tribunal has dismissed an order by a bankruptcy court to liquidate Jyoti Structures Ltd and asked it to ......
Infrastructure
Naresh Goyal exits Jet Airways board as lenders take control
Naresh Goyal, the founder-chairman of cash-strapped Jet Airways, and his wife Anita Goyal have stepped down from the board, the...
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