bankruptcy
Consumer
Fresh bids for Videocon Industries by Feb 2 after Vedanta Group's bid rejected
State Bank of India (SBI)-led consortium of lenders of have invited fresh expressions of interest (EoIs) for debt-ridden Videocon...
Finance
9Unicorns-backed LegalPay launches healthcare-focused fund for retail investors
9Unicorns-backed tech-based litigation financing start-up LegalPay has launched a Special Purpose Vehicle (SPV) and healthcare-focused...
Consumer
NCLAT revokes Vedanta unit's plan for Videocon Group, lenders may restart bidding process
A higher bankruptcy court on Wednesday set aside the National Company Law Tribunal (NCLT) order on Videocon Industries Ltd, allowing...
Finance
Distressed deals soar in 2021; Bad bank, IBC measures raise hopes for 2022
Calendar year 2021 opened doors for larger deals in the distressed assets space in 2022 following a year of some ......
Manufacturing
Ares SSG arm-Reliance and Welspun among 4 bidders to acquire stressed Sintex Industries
Billionaire Mukesh Ambani-owned Reliance Industries (RIL) has partnered with Ares SSG Capital-backed Assets Care &...
Finance
SBI puts Rs 4,000 cr loan exposure in KSK Mahanadi up for sale
State Bank of India, the country’s largest public sector lender, has put loans worth Rs 4101.87 crore ($547 million) in...
Finance
RBI takes control of Anil Ambani-owned Reliance Capital, to push for insolvency
The Reserve Bank of India (RBI) has superseded the Board of businessman Anil Ambani-owned Reliance Capital Ltd, and will soon...
TMT
Mumbai-based mobile wallet firm becomes second fintech to go insolvent
At a time when the fintech sector is flush with funds, and firms like Paytm, PhonePe and Mobikwik are in ......
Finance
9Unicorns-backed LegalPay bails out hospital firm under IBC with interim finance
9Unicorns-backed tech-based litigation financing start-up LegalPay on Thursday said it is offering interim finance toYashomati...
Finance
After DHFL, central bank set to drag Srei group's two financial arms to bankruptcy
After Dewan Housing Finance Corporation Ltd (DHFL), the Indian banking regulator is set to push two other non-bank lenders - ......
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