bankruptcy
Finance
Piramal aims to reduce the wholesale loan book of DHFL after merger
After Piramal Capital and Housing Finance Ltd (PCHFL) merges with Dewan Housing Finance Corporation Ltd, the combined entity will...
Finance
Stressed assets wrap: Resolutions nosedive; withdrawals and admitted cases soar in Aug
Three large deals stole the news, with one Jayaswal Neco Industries witnessing closure while two big resolution plans –...
Manufacturing
Mid-sized and smaller distressed steel assets likely to see indirect PE interest
Given a competitive pricing advantage and strong steel demand, several mid-sized and smaller distressed steel assets could be...
Manufacturing
Omkara Assets Reconstruction's bid for Odisha steel maker gets greenlight
The bankruptcy tribunal has okayed Omkara Assets Reconstruction Pvt Ltd’s bid to acquire Jagannath Sponge Private Ltd in...
Infrastructure
Realty firm Nirmal Lifestyle enters bankruptcy for default on Altico Capital's loans
Mumbai-based real estate development firm Nirmal Lifestyle Ltd has been admitted for bankruptcy on a plea filed by IDBI Trusteeship...
Infrastructure
Anti-monopoly watchdog okays Suraksha's plan to acquire Jaypee Infratech
Real estate major Suraksha Group has received approval from the Competition Commission of India (CCI) to acquire bankrupt township...
Finance
Incentivise local capital to take risks in stressed space: Brescon managing partner
Mumbai-based Brescon & Allied Partners LLP, which had aborted renewed efforts to start a fund, aims to facilitate distressed deals ......
Infrastructure
Adani gets lenders' nod to buy bankrupt Essar Power MP
Adani Power has emerged as a successful bidder for Essar Power's 1,200 megawatt (MW) thermal power project in Singrauli, Madhya...
Manufacturing
AION Capital sitting on significant returns from 3-year bet on JSW Ispat
Distressed assets-focused private equity firm AION Capital is sitting on significant returns from its three-year bet on JSW Ispat...
Finance
Piramal to get funding from StanChart, Barclays Bank for DHFL buyout
Piramal Group is set to receive Rs 13,500 crore ($1.8 billion) in loans from two foreign lenders Barclays Bank and ......
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