National Company Law Tribunal
Consumer
Brookfield's plan for big-ticket Indian hospitality deal hits rough weather
Canadian investment firm Brookfield Asset Management Inc.'s attempt to seal a big-ticket deal in India’s hospitality...
Finance
Buyers eyeing pre-packaged deals for stressed assets: I-banker Mahesh Singhi
India’s new bankruptcy law has been considered a game-changer meant to address non-performing assets, but it has also suffered from ......
Manufacturing
Another PE-backed stressed firm set to change hands under bankruptcy law
JSW Steel Ltd has moved a step closer to acquiring Bhushan Power & Steel Ltd, in another instance of a ......
Consumer
GIC to end up with a lemon as rare sovereign fund bet goes bust in India
Singapore sovereign wealth fund GIC, one of the most active in India among its global peers, is set to see ......
Manufacturing
NCLAT rejects Tata Steel's move to block rival bids for Bhushan Power
An Indian appeals tribunal has ruled against Tata Steel Ltd’s effort to dismiss rival bids for Bhushan Power and Steel,...
General
Albéa, Blackstone eye Essel Propack; Baring PE Asia may take control of NIIT Tech
French packaging company Albéa and private equity giant Blackstone Group are in advanced talks to acquire a controlling...
TMT
RCom slumps 54% to all-time low after approaching bankruptcy court
Debt-laden Reliance Communications Ltd (RCom) plunged by more than half to its record low in early trade on Monday, after ......
Finance
Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO
Dena Bank, one of the weakest public-sector lenders, has posted losses for three financial years in a row, and is ......
Manufacturing
NCLT rejects Ruias' loan settlement offer for Essar Steel
The National Company Law Tribunal (NCLT) has rejected a loan settlement offer by Essar Steel's promoters, in a big blow ......
Finance
KKR's Sanjay Nayar on outlook for 2019 and why it is betting big on credit biz
In November 2008, KKR & Co. hired Sanjay Nayar to set up and head its India operations, which formally began ......
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