bankruptcy
TMT
How Nazara is rebooting Smaaash after bailing it out of bankruptcy
Gaming company Nazara Technologies, whose shares have fallen by more than 21% since the real-money gaming ban in August......
Finance
What's at stake for PE firms, impact investors as Aviom lands in bankruptcy court
Private equity investors and impact-oriented funds that backed Aviom India Housing Finance Pvt Ltd are now staring at ......
Finance
Bankruptcy resolutions expected to soar after Budget spells relief for RPs
Liquidators in India, who are entrusted with winding up bankrupt companies, will no longer be prosecuted for failing to ......
Infrastructure
Värde Partners draws up $1 bn India investment plan
US alternative investment firm Värde Partners plans to invest as much as $1 billion to grow its portfolio in India ......
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 ......
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...
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
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...
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