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
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...
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