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Kotak stressed assets fund pulls Jindal Stainless out of debt rejig

Manufacturing

Kotak stressed assets fund pulls Jindal Stainless out of debt rejig

The distressed assets fund of Kotak Investment Advisors announced its debut deal with a Rs 500 crore...

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Kotak's stressed assets fund inks debut deal

Manufacturing

Kotak's stressed assets fund inks debut deal

The distressed assets fund of Kotak Investment Advisors has marked its debut deal, an executive told...

Spandana Sphoorty raises $270 mn, exits CDR

Finance

Spandana Sphoorty raises $270 mn, exits CDR

Spandana Sphoorty Financial Ltd has raised over $100 million (about Rs 650 crore) in equity capital ...

Microlenders Trident and Basix face risk of closure as debt restructuring plan flounders

General

Microlenders Trident and Basix face risk of closure as debt restructuring plan flounders

Hyderabad-based Trident Microfinance Pvt Ltd may have to shut its operations after the lenders to ...

Credit Suisse PE-backed Shree Ganesh Jewellery approaches lead lender SBI for CDR proposal

Consumer

Credit Suisse PE-backed Shree Ganesh Jewellery approaches lead lender SBI for CDR proposal

Kolkata-based jewellery manufacturer and exporter Shree Ganesh Jewellery House Ltd has approached ...

Suzlon raises $647M via bond issue to support CDR

Infrastructure

Suzlon raises $647M via bond issue to support CDR

World’s fifth largest wind turbine maker Suzlon Group has raised $647 million through its wholly ...

Suzlon gets approval for debt restructuring proposal of $1.8B

Manufacturing

Suzlon gets approval for debt restructuring proposal of $1.8B

Wind turbine manufacturer Suzlon Energy Ltd has got the formal approval for its proposal to ...

RBI's debt restructuring panel asks for more skin in the game by promoters

General

RBI's debt restructuring panel asks for more skin in the game by promoters

Promoters seeking to restructure the debt of the company will have to bring more skin in the game ...