bankruptcy
TMT
Reliance Infratel lenders to take 90% haircut as Jio set to take control
Reliance Infratel Ltd’s financial creditors will take a haircut of as much as 90% on their loans under a court-approved...
Manufacturing
M&A Lab: How Electrosteel turned a corner under Vedanta before COVID-19 hit
Last month, billionaire Anil Agarwal came in for criticism after he sought to delist his flagship mining company Vedanta Ltd ......
Infrastructure
Green energy firms, ARC in race to buy PE-backed ReGen Powertech's insolvent arm
A bunch of renewable energy developers and asset reconstruction companies have shown interest in acquiring a bankrupt arm of Everstone...
TMT
How a former employee dragged Kalaari-backed fintech firm to bankruptcy court
Kalaari Capital-backed fintech firm has been pushed into bankruptcy after a Mumbai bench of the insolvency tribunal admitted a...
Infrastructure
PE-backed ReGen Powertech unit attempts to woo buyers
An insolvent subsidiary of ReGen Powertech Pvt Ltd has initiated the process to find buyers under the bankruptcy law even ......
Manufacturing
JSW Steel gets NCLT approval to buy Asian Colour Coated Ispat
Billionaire Sajjan Jindal-owned JSW Steel Ltd has received court approval to acquire bankrupt steel company Asian Colour Coated...
Infrastructure
Jet Airways lenders approve bid by Kalrock Capital consortium
Lenders to Jet Airways (India) Ltd approved on Saturday a resolution plan to revive the airline that was grounded one-and-a-half...
Manufacturing
ArcelorMittal likely to bid for Uttam Galva Steels under IBC
Billionaire Lakshmi Mittal-owned ArcelorMittal has shown interest in acquiring Uttam Galva Steels under the Insolvency and Bankruptcy...
Finance
Govt extends suspension of bankruptcy filings
The Indian government on Thursday said it had extended a suspension of bankruptcy filings until December, a decision aimed at...
Manufacturing
The Chatterjee Group gets closer to weaving a revival for once-iconic textile firm
A chemicals manufacturer that’s part of The Chatterjee Group (TCG) has got a nod from the committee of creditors (CoC) ......
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