insolvency
Finance
New insolvency cases touch over 3-year low in pandemic-hit June quarter
New insolvency cases dropped during pandemic-stricken April-June to the lowest in 13 quarters, showed the latest data by the Insolvency...
General
IL&FS PE-backed floriculture firm heads for liquidation
A bankrupt floriculture company that counts IL&FS Private Equity as an investor and was India’s largest producer of...
Manufacturing
Amtek Auto's three-year-long quest to come out of bankruptcy gets longer
Amtek Auto Ltd’s debt resolution process has hit another hurdle as US hedge fund Deccan Value Investors, which received...
Finance
Kotak Special Situations Fund's CEO on impact of pandemic, RBI debt recast on deals
Kotak Investment Advisors Ltd, the alternative assets arm of banker Uday Kotak-led financial services group, raised $1 billion (around Rs ......
Manufacturing
Purnendu Chatterjee's TCG looks to acquire bankrupt textile company
A chemicals manufacturer that’s part of the Purnendu Chatterjee-led The Chatterjee Group (TCG) has made an offer to acquire...
General
Delhi High Court halts insolvency proceedings against Anil Ambani
An Indian court on Thursday halted insolvency proceedings against Reliance Group chairman Anil Ambani, the younger brother of...
General
IL&FS PE-backed distressed rose producer gets three proposals to exit insolvency
A Bengaluru-based floriculture company that emerged as India’s largest producer of cut roses a decade ago before falling...
Manufacturing
M&A Lab: Two years after AION-JSW takeover, is Monnet Ispat out of the furnace?
In July 2018, when a consortium of stressed assets-focussed private equity firm AION Capital and JSW Steel Ltd won a ......
Infrastructure
Dighi Port promoter to move SC as appeals tribunal okays Adani takeover plan
Adani group firm has received clearance from a bankruptcy appeals tribunal to acquire Dighi Port Ltd, whose promoter now plans...
Infrastructure
Two consortiums propose to restart Jet Airways, although somewhat differently
Jet Airways has attracted bids, finally, after spending more than a year in the insolvency resolution process. Two of the four...
