insolvency
TMT
NCLAT sets aside insolvency case against Flipkart for alleged default
An appeals court has dismissed insolvency proceedings against e-commerce major Flipkart, which was dragged to the National Company...
Finance
Bankruptcy boom: India added three insolvency professionals and four valuers a day
India’s three-year-old bankruptcy law has not only opened a fast-track path for creditors to recover their debts from defaulters...
Finance
These three sectors account for nearly three-fourths of bankruptcy cases
Ever since India implemented a new bankruptcy law in 2016, creditors have been quick to drag defaulters to various courts ......
Manufacturing
JSW Steel gets immunity for Bhushan Power acquisition
The National Company Law Appellate Tribunal (NCLAT) has given JSW Steel Ltd immunity from all criminal investigations for its...
Finance
An Indian firm enters bankruptcy every four hours, but that's not the only worrying trend
The number of companies dragged into bankruptcy courts jumped over the last two quarters, as creditors pressed the pedal to ......
Consumer
Another VC-backed company faces bankruptcy
Venture capital-backed companies rarely get entangled in the crosshairs of bankruptcy courts. As startups generally don’t...
Infrastructure
Goldman Sachs joins Varde Partners to take over RattanIndia Power's debt
Global investment bank Goldman Sachs has teamed up with alternative investment firm Värde Partners to take over RattanIndia...
Infrastructure
Jet Airways lenders call for fresh bids to find buyers
Jet Airways (India) Ltd will go through a fresh round of bidding as its lenders have decided to make another ......
Finance
Flashback 2019: Stressed assets remain in focus on rising bankruptcies, new challenges
When everything else fails, pray. At least that’s what State Bank of India chairman Rajnish Kumar seems to believe. “Every...
Infrastructure
Jaypee Infratech creditors approve NBCC's revised takeover offer
State-run NBCC (India) Ltd said on Tuesday its revised takeover offer for township developer Jaypee Infratech Ltd has been approved...
Most Popular
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News