insolvency
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 ......
Consumer
NCLT admits petition to initiate resolution against Future Retail
The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday admitted Bank of India’s petition to initiate a ......
Finance
9Unicorns -backed Legalpay marks first exit from insolvency financing
Venture capital-backed litigation financing startup, Legalpay has made its first successful exit in less than a year of providing interim ......
Finance
Naples Global, LegalPay float $5 mn fund for founders to settle board disputes
Florida-based hedge fund Naples Global has partnered with litigation financing platform LegalPay to launch a $5 million (around Rs 38 ......
Manufacturing
Reliance, Ares SSG-backed unit win bid for stressed Sintex Industries
A joint consortium of Mukesh Ambani-owned Reliance Industries (RIL) along with Ares SSG Capital-backed Assets Care & Reconstruction Enterprise Ltd has received ......
Finance
Over 18,600 stressed assets worth Rs 5.9 lakh cr resolved before bankruptcy admission: Economic Survey
At least 18,629 applications of distressed companies with debt worth over Rs 5.89 lakh crore (trillion) which filed for bankruptcy ......
Consumer
Fresh bids for Videocon Industries by Feb 2 after Vedanta Group's bid rejected
State Bank of India (SBI)-led consortium of lenders of have invited fresh expressions of interest (EoIs) for debt-ridden Videocon Industries ......
Finance
9Unicorns-backed LegalPay launches healthcare-focused fund for retail investors
9Unicorns-backed tech-based litigation financing start-up LegalPay has launched a Special Purpose Vehicle (SPV) and healthcare-focused fund for retail investors for ......
Consumer
NCLAT revokes Vedanta unit's plan for Videocon Group, lenders may restart bidding process
A higher bankruptcy court on Wednesday set aside the National Company Law Tribunal (NCLT) order on Videocon Industries Ltd, allowing ......
Manufacturing
Ares SSG arm-Reliance and Welspun among 4 bidders to acquire stressed Sintex Industries
Billionaire Mukesh Ambani-owned Reliance Industries (RIL) has partnered with Ares SSG Capital-backed Assets Care & Reconstruction Enterprise Ltd (ACRE) to be among ......
