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KKR-backed stressed textile firm avoids bankruptcy as tribunal tosses lender plea

Manufacturing

04 May, 2021

KKR-backed stressed textile firm avoids bankruptcy as tribunal tosses lender plea

A tribunal has rejected a plea of government-owned Bank of Baroda (BoB) to initiate bankruptcy against a Mumbai textile company ......

KKR may pump more in JBF, back three realty projects; Tencent may invest in OYO

General

24 July, 2018

KKR may pump more in JBF, back three realty projects; Tencent may invest in OYO

KKR may make additional investment in debt-laden JBF Industries to prevent lenders from taking the company to the bankruptcy tribunal, The ......

Blackstone among suitors for Orchid Pharma; Greenko eyes Essel's solar assets

General

05 February, 2018

Blackstone among suitors for Orchid Pharma; Greenko eyes Essel's solar assets

Private equity giant Blackstone, drugmakers Strides Shasun and Nectar Lifesciences are ahead in the race to acquire debt-laden Orchid Pharma, ......

Dairy firm Kwality raises $77 mn from KKR

Consumer

13 July, 2016

Dairy firm Kwality raises $77 mn from KKR

India's largest private dairy firm by revenues Kwality Ltd has raised Rs 520 crore ($77.4 million) from alternative investment giant ......