IBC
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 comply ......
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
Varde, Arena among 3 in race for stressed Srei group firms
Arena Investors and Varde Partners are among the three resolution applicants shortlisted to buy out stressed Srei Group companies, including ......
Finance
Bain's Special Situations Fund to pivot from distressed to growth
Bain Capital’s $2 billion special situations Asia fund (SSA) II will restratergize India plans moving away from distressed asset investments ......
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
BlackRock managing director on India's 'handle with care' stressed assets market
The Indian stressed assets market needs to sharpen focus on the long term credit ecosystem, bring more local experts to ......
Finance
NCLTs lash out at insolvency resolution professionals over steep haircuts
“Get better resolutions…reduce haircuts…will not approve the plans with low value offerings...” These are some of the latest pronouncements heard at ......
Finance
Incentivise local capital to take risks in stressed space: Brescon managing partner
Mumbai-based Brescon & Allied Partners LLP, which had aborted renewed efforts to start a fund, aims to facilitate distressed deals ......
TMT
Legal hurdles could bedevil lenders efforts aimed at fresh bidding for RCom's telecom biz
Lenders to Reliance Communications Ltd (RCom) are considering restarting the bidding process for the company's telecom business, which may create ......
Finance
Piramal to get funding from StanChart, Barclays Bank for DHFL buyout
Piramal Group is set to receive Rs 13,500 crore ($1.8 billion) in loans from two foreign lenders Barclays Bank and ......
