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Reliance Capital's lenders to move ahead with second auction after SC nod

Finance

28 March, 2023

Reliance Capital's lenders to move ahead with second auction after SC nod

The lenders of Reliance Capital have decided to go ahead with the second round of auction on 4 April, in ......

Religare arm concludes one-time settlement with lenders

Finance

09 March, 2023

Religare arm concludes one-time settlement with lenders

Religare Enterprises Limited (REL) has announced that its owned subsidiary Religare Finvest Limited (RFL), has completed......

NCLT approves Suraksha's bid in Jaypee Infra insolvency case

Infrastructure

07 March, 2023

NCLT approves Suraksha's bid in Jaypee Infra insolvency case

The National Company Law Tribunal (NCLT), which was scheduled to govern on the Mumbai-based Suraksha group's bid to ......

NCLAT sets aside NCLT order in RCap matter, allows re-bidding of company

Finance

02 March, 2023

NCLAT sets aside NCLT order in RCap matter, allows re-bidding of company

Setting aside an order passed by National Company Law Tribunal (NCLT), a two-member bench of the quasi-judicial National......

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Bankruptcy resolutions expected to soar after Budget spells relief for RPs

Finance

03 February, 2023

Bankruptcy resolutions expected to soar after Budget spells relief for RPs

Liquidators in India, who are entrusted with winding up bankrupt companies, will no longer be prosecuted for failing to ......

Varde-Arena consortium bid for Srei group

Finance

05 December, 2022

Varde-Arena consortium bid for Srei group

A consortium of Arena Investors LP and Varde Partners, National Asset Reconstruction Co. Ltd (NARCL) and Mumbai-based ......

Oaktree, Hinduja and others bid for Reliance Cap; Advent stays away

Finance

29 November, 2022

Oaktree, Hinduja and others bid for Reliance Cap; Advent stays away

US private equity major Oaktree Capital, Hinduja Group and Ahmedabad-based Torrent - a consortium of Piramal and Cosmea ......

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Värde Partners draws up $1 bn India investment plan

Infrastructure

07 November, 2022

Värde Partners draws up $1 bn India investment plan

US alternative investment firm Värde Partners plans to invest as much as $1 billion to grow its portfolio in India ......

'Bankrupt companies selling in parts better than sale to single bidder'

Finance

27 September, 2022

'Bankrupt companies selling in parts better than sale to single bidder'

A mix of investors buying different parts of a bankrupt company is better than a single investor picking up the ......

Resurgent Power Ventures acquires stressed UP power asset under insolvency

Infrastructure

19 September, 2022

Resurgent Power Ventures acquires stressed UP power asset under insolvency

Resurgent Power Ventures has completed the acquisition of South East UP Power Transmission Company Ltd (SEUPPTCL) ......

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