bankruptcy
Healthcare
SevenHills Hospitals back on the market after deal with UAE billionaire falls apart
SevenHills Hospitals Pvt. Ltd has again become available for sale with its creditors starting a new search for a buyer ......
Finance
Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage
Blackstone Group Inc., Warburg Pincus and several other private equity firms in India sniffed investment opportunities this year...
Finance
Flashback 2019: Stressed assets remain in focus on rising bankruptcies, new challenges
When everything else fails, pray. At least that’s what State Bank of India chairman Rajnish Kumar seems to believe. “Every...
Consumer
Why Haldiram is keen to acquire bankrupt dairy firm Kwality
In its decades-long history, Haldiram Snacks Pvt. Ltd has acquired just three companies—all in the past four years—as...
Finance
Why liquidation framework remains inadequate despite policy push?
Despite recent changes aimed at improving the liquidation process for bankrupt firms, the dissolution framework does not squeeze...
Infrastructure
Construction firm IVRCL heads for liquidation
Hyderabad-based construction company IVRCL Ltd is headed for liquidation after failing to find a buyer under a bankruptcy resolution...
Finance
SBI CFO Prashant Kumar on bank consolidation, progress on stressed assets and more
State Bank of India (SBI) is leading many fights against top corporate defaulters, including Essar Steel, under the Insolvency and ......
Infrastructure
Why Jet bidders can't pin hopes on loyalty scheme alone to fly carrier again
Jet Airways (India) Ltd’s creditors have dangled the airline’s lucrative loyalty programme to attract buyers, but...
Manufacturing
Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel
A recent order of an appeals tribunal in a case involving the bankruptcy resolution of Essar Steel India Ltd has ......
Finance
Why a large number of firms are collapsing in insolvency tribunals
A little more than two months ago, a bankruptcy court ordered the liquidation of ABG Shipyard Ltd—one of India’s biggest...
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