insolvency
Manufacturing
TCG gets court nod to acquire bankrupt textile co
Purnendu Chatterjee led The Chatterjee Group (TCG) has received court approval to acquire a popular debt-ridden textile company under the ......
Finance
Dewan Housing: Why insolvency resolution processes need a greater degree of certainty
In November 2019, after reports of a large-scale financial scam, Dewan Housing Finance Corporation Ltd (DHFL) became the first non-banking ......
Finance
Flashback 2020: Virus manages to shoo away almost everyone from stressed assets
The distressed assets market was still going through teething problems from the four-year bankruptcy law when the Covid-19 pandemic struck ......
Manufacturing
Mahindra unit SsangYong files for court receivership after loan default
South Korea's SsangYong Motor Co Ltd filed for court receivership on Monday after it defaulted on loan repayment of about ......
Infrastructure
Ansal Properties raising fresh equity capital after avoiding bankruptcy
North India-based developer Ansal Properties and Infrastructure Ltd (Ansal API) said Friday it has approved a plan to raise Rs ......
Manufacturing
UK's Liberty House acquires second firm under insolvency law
UK-based Liberty House Group has completed its second acquisition under the bankruptcy process with the purchase of an Andhra Pradesh-based ......
Manufacturing
Vedanta Group gets bankers' nod to buy 13 Videocon companies
Billionaire businessman Anil Agarwal's family firm got bankers’ approval on Wednesday to acquire 13 companies of insolvent consumer appliances maker ......
Finance
SEBI clears new shareholding norms for companies in bankruptcy
The Securities and Exchange Board of India finalised new norms Wednesday for companies that find a new owner after going ......
Finance
Oaktree bids most for Dewan Housing as Piramal, Adani revise offers
US-based Oaktree Capital Management has likely submitted the highest bid for Dewan Housing Finance Corp (DHFL) even as Piramal Group ......
Infrastructure
Green energy firms, ARC in race to buy PE-backed ReGen Powertech's insolvent arm
A bunch of renewable energy developers and asset reconstruction companies have shown interest in acquiring a bankrupt arm of Everstone ......
