bankruptcy
Consumer
Kotak group ARC to walk away from bankrupt textile firm
Kotak group ARC to walk away from bankrupt textile firm with 'good returns' Kotak Mahindra Group’s...
Manufacturing
JSW Steel yanks Bhushan Power out of long-drawn bankruptcy
After over three years of bankruptcy, Bhushan Power and Steel has been bought by JSW Steel for $2.7 billion (Rs ......
Infrastructure
Former GIC backed shipping company dragged to bankruptcy court
A Mumbai based shipping company, once backed by several leading private equity investors including Singapore sovereign wealth...
Infrastructure
Sintex-BAPL promoter dangles Arpwood-funded offer; insolvency relief for SMEs likely
A KKR-led group of creditors is considering settling up with the Sintex-BAPL promoter out of court, people told The Economic ......
Consumer
Elevation Capital-backed beverage firm runs out of juice, enters bankruptcy
A Finnish packaging materials maker has pushed a Vadodara-based fruit juice maker into bankruptcy. Huhtamaki Oyj has dragged...
Infrastructure
Lenders clear JSW Steel bid for bankrupt Bhushan Power
After over three years of bankruptcy, Bhushan Power and Steel now stands closer to resolution with lenders okaying JSW Steel’s...
Finance
DHFL, Jet Airways lead a busy month for stressed asset deals in February
February was marked by movement in two large stressed assets deals -- Dewan Housing Finance Corporation Ltd (DHFL) and Jet ......
Finance
Central bank okays Piramal takeover of DHFL
The Piramal Group has received the greenlight from the Reserve Bank of India to acquire Dewan Housing Finance Corporation Ltd...
Infrastructure
Adani completes purchase of stressed Dighi Port, earmarks investments
Adani Ports and Special Economic Zone Ltd (APSEZ) has completed the acquisition of Dighi Port Ltd for a consideration of ......
Consumer
A unit of The Pioneer's publisher enters bankruptcy
A firm of The Pioneer group, which is owned by journalist Chandan Mitra and publishes The Pioneer newspaper, has entered ......
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