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insolvency

UK's Liberty House acquires second firm under insolvency law

Manufacturing

17 December, 2020

UK's Liberty House acquires second firm under insolvency law

UK-based Liberty House Group has completed its second acquisition under the bankruptcy process with the purchase of an Andhra...

Vedanta Group gets bankers' nod to buy 13 Videocon companies

Manufacturing

17 December, 2020

Vedanta Group gets bankers' nod to buy 13 Videocon companies

Billionaire businessman Anil Agarwal's family firm got bankers’ approval on Wednesday to acquire 13 companies of insolvent...

SEBI clears new shareholding norms for companies in bankruptcy

Finance

16 December, 2020

SEBI clears new shareholding norms for companies in bankruptcy

The Securities and Exchange Board of India finalised new norms Wednesday for companies that find a new owner after going ......

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Oaktree bids most for Dewan Housing as Piramal, Adani revise offers

Finance

14 December, 2020

Oaktree bids most for Dewan Housing as Piramal, Adani revise offers

US-based Oaktree Capital Management has likely submitted the highest bid for Dewan Housing Finance Corp (DHFL) even as Piramal...

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Green energy firms, ARC in race to buy PE-backed ReGen Powertech's insolvent arm

Infrastructure

04 November, 2020

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...

JSW Steel gets NCLT approval to buy Asian Colour Coated Ispat

Manufacturing

19 October, 2020

JSW Steel gets NCLT approval to buy Asian Colour Coated Ispat

Billionaire Sajjan Jindal-owned JSW Steel Ltd has received court approval to acquire bankrupt steel company Asian Colour Coated...

Jet Airways lenders approve bid by Kalrock Capital consortium

Infrastructure

17 October, 2020

Jet Airways lenders approve bid by Kalrock Capital consortium

Lenders to Jet Airways (India) Ltd approved on Saturday a resolution plan to revive the airline that was grounded one-and-a-half...

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Times Group-backed innerwear maker heads for liquidation

Consumer

12 October, 2020

Times Group-backed innerwear maker heads for liquidation

A Mumbai-based innerwear firm backed by Times Group, which publishes The Times of India newspaper and owns news channels and ......

ArcelorMittal likely to bid for Uttam Galva Steels under IBC

Manufacturing

06 October, 2020

ArcelorMittal likely to bid for Uttam Galva Steels under IBC

Billionaire Lakshmi Mittal-owned ArcelorMittal has shown interest in acquiring Uttam Galva Steels under the Insolvency and Bankruptcy...

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JM Financial ARC's wait to recover money from bankrupt textile firm gets longer

Manufacturing

24 September, 2020

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 ......

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