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Essar Steel

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Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?

Finance

26 May

Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?

The bankruptcy tribunal’s move last Thursday directing lenders of Dewan Housing Finance Corporation (DHFL) to consider a settlement proposal from ......

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How ArcelorMittal Nippon is reforging Essar Steel after takeover

Manufacturing

07 September

How ArcelorMittal Nippon is reforging Essar Steel after takeover

When brothers Shashi and Ravi Ruia set up Essar Steel India Ltd in 1998, they may never have imagined that ......

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Flashback 2019: Few sectors, fewer big-ticket deals dominate top M&As

Finance

31 December

Flashback 2019: Few sectors, fewer big-ticket deals dominate top M&As

The total value of mergers and acquisitions (M&As) in India slumped in 2019, as only a handful of local companies ......

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Flashback 2019: Big PE deals mark otherwise rough year for infrastructure sector

Infrastructure

26 December

Flashback 2019: Big PE deals mark otherwise rough year for infrastructure sector

After a lacklustre 2018, the Indian infrastructure sector would have hoped for a turnaround in its fortunes this year. But ......

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Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel

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 ......

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Alvarez & Marsal's Nikhil Shah on rising dealmaking activity in stressed assets

Finance

31 May

Alvarez & Marsal's Nikhil Shah on rising dealmaking activity in stressed assets

Turnaround and restructuring specialist Alvarez and Marsal has been in the thick of the resolution proceedings initiated under India’s Insolvency ......

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Running out of patience, more banks are putting bad loans on the block

Finance

28 January

Running out of patience, more banks are putting bad loans on the block

Lenders including India’s largest bank are opting to sell their loan exposures to companies facing insolvency even as the country’s ......