insolvency
Finance
Govt to privatise state-run firms, halt fresh insolvencies amid pandemic
India said on Sunday it would privatise state-run companies in non-strategic sectors and stop fresh insolvency cases for a year,...
General
Jet Airways lenders make fourth attempt to sell grounded carrier
Lenders to Jet Airways have decided to invite fresh expressions of interest for selling a stake in the bankrupt airline....
Finance
Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare
Coronavirus has set off a flurry of renegotiations for distressed assets falling under the Insolvency and Bankruptcy Code (IBC)...
Finance
Prudent ARC to roll out debut fund as coronavirus promises to serve up stressed assets
New Delhi-based Prudent ARC Ltd is in talks with investors to roll out its debut fund, a top executive told ......
Finance
This might be a record year as bankruptcies go through the roof: Dhruva Advisors partner
The number of bankruptcies this year could be at least four to five times that of last year owing to ......
Finance
Govt to unveil fiscal package to help economy face coronavirus: Sitharaman
India’s government will soon announce a fiscal package to help the economy face the impact of the coronavirus, Finance Minister...
Infrastructure
Jet Airways lenders seek two more months for insolvency resolution
With investors not showing up amid global coronavirus outbreak, lenders to Jet Airways will seek another extension of around two...
Infrastructure
Jet Airways gets no bids, almost certain to be liquidated
Bankrupt carrier Jet Airways (India) Ltd has failed to attract any buyer and is likely to be sent for liquidation ......
TMT
Creditors okay Mukesh Ambani, UV ARC's resolution plans for R-Com, subsidiaries
A creditor panel led by the State Bank of India has okayed the bankruptcy resolution plans of Mukesh Ambani-owned Reliance ......
Finance
Bankruptcy tribunal okays state-owned NBCC's bid for Jaypee Infratech
The National Company Law Tribunal on Tuesday approved the proposal of state-owned construction firm NBCC (India) Ltd to acquire...
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