bankruptcy
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 Code (IBC), a ......
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) ......
Manufacturing
JM Financial ARC's wait to recover money from bankrupt textile firm gets longer
JM Financial Asset Reconstruction Company Ltd will have to wait a little longer to recover its money from a bankrupt ......
Finance
Valuations down 15-20% across the board: Alvarez & Marsal MD
Resolution and turnaround of distressed corporates is fast becoming the need of the hour as the coronavirus has left several ......
Finance
New insolvency cases touch over 3-year low in pandemic-hit June quarter
New insolvency cases dropped during pandemic-stricken April-June to the lowest in 13 quarters, showed the latest data by the Insolvency ......
General
IL&FS PE-backed floriculture firm heads for liquidation
A bankrupt floriculture company that counts IL&FS Private Equity as an investor and was India’s largest producer of cut roses ......
Manufacturing
Amtek Auto's three-year-long quest to come out of bankruptcy gets longer
Amtek Auto Ltd’s debt resolution process has hit another hurdle as US hedge fund Deccan Value Investors, which received court ......
Finance
Kotak Special Situations Fund's CEO on impact of pandemic, RBI debt recast on deals
Kotak Investment Advisors Ltd, the alternative assets arm of banker Uday Kotak-led financial services group, raised $1 billion (around Rs ......
Manufacturing
Purnendu Chatterjee's TCG looks to acquire bankrupt textile company
A chemicals manufacturer that’s part of the Purnendu Chatterjee-led The Chatterjee Group (TCG) has made an offer to acquire a ......
