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Mid-sized and smaller distressed steel assets likely to see indirect PE interest

Manufacturing

Mid-sized and smaller distressed steel assets likely to see indirect PE interest

Given a competitive pricing advantage and strong steel demand, several mid-sized and smaller ...

UK's Liberty House acquires second firm under insolvency law

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 ...

Amtek Auto's three-year-long quest to come out of bankruptcy gets longer

Manufacturing

Amtek Auto's three-year-long quest to come out of bankruptcy gets longer

Amtek Auto Ltd’s debt resolution process has hit another hurdle as US hedge fund Deccan Value ...

Hindalco unit Novelis set to complete Aleris acquisition

Manufacturing

Hindalco unit Novelis set to complete Aleris acquisition

Novelis Inc., a US-based subsidiary of Hindalco Industries Ltd, said it has received the final ...

Liberty House's Sanjeev Gupta to merge steel operations ahead of possible IPO

Manufacturing

Liberty House's Sanjeev Gupta to merge steel operations ahead of possible IPO

British commodities tycoon Sanjeev Gupta will merge his family's steel operations by the end of ...

Supreme Court stays Amtek Auto's liquidation

Manufacturing

Supreme Court stays Amtek Auto's liquidation

The Supreme Court has stayed a tribunal’s order to liquidate Amtek Auto Ltd on a plea moved by ...

Adhunik Metaliks goes into liquidation as Liberty House fails to pay up

Manufacturing

Adhunik Metaliks goes into liquidation as Liberty House fails to pay up

The National Company Law Tribunal (NCLT) has ordered the liquidation of Adhunik Metaliks Ltd and ...

Stressed assets: NCLT gets more judges; Jet Airways finally lands into bankruptcy court

General

Stressed assets: NCLT gets more judges; Jet Airways finally lands into bankruptcy court

In a development that will help ease the burden of bankruptcy courts and expedite the resolution of ...

Amtek Auto restarts bankruptcy resolution process, seeks fresh bids

Manufacturing

Amtek Auto restarts bankruptcy resolution process, seeks fresh bids

Auto component manufacturer Amtek Auto Ltd started a fresh bidding process on Thursday, nearly two ...

ABG Shipyard heads to junkyard as NCLT orders liquidation

Manufacturing

ABG Shipyard heads to junkyard as NCLT orders liquidation

A bankruptcy court has ordered liquidation of debt-laden ABG Shipyard Ltd after lenders rejected an ...