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

Manufacturing

14 September, 2020

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 Investors, which received...

Grapevine: Carlyle may invest in Reliance Retail; JSW Steel eyes insolvent firm

General

14 September, 2020

Grapevine: Carlyle may invest in Reliance Retail; JSW Steel eyes insolvent firm

After Silver Lake, Carlyle Group is looking to invest up to $2 billion (Rs 14,663 crore) in Reliance Retail Ventures ......

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Purnendu Chatterjee's TCG looks to acquire bankrupt textile company

Manufacturing

03 September, 2020

Purnendu Chatterjee's TCG looks to acquire bankrupt textile company

A chemicals manufacturer that’s part of the Purnendu Chatterjee-led The Chatterjee Group (TCG) has made an offer to acquire...

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PE funds, electronics companies among bidders for Videocon assets

Manufacturing

02 September, 2020

PE funds, electronics companies among bidders for Videocon assets

Bankrupt consumer appliances maker Videocon Industries Ltd and a dozen of its units have received 11 offers for their assets ......

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Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets

Finance

28 August, 2020

Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets

The resolution of distressed assets under the Insolvency and Bankruptcy Code (IBC) has hit a big stumbling block with the ......

KKR's India NBFC drags Sintex unit to bankruptcy court

Manufacturing

12 August, 2020

KKR's India NBFC drags Sintex unit to bankruptcy court

KKR India Financial Services Ltd, the non-bank lending arm of the global private equity firm, has approached the bankruptcy court...

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Dighi Port promoter to move SC as appeals tribunal okays Adani takeover plan

Infrastructure

29 July, 2020

Dighi Port promoter to move SC as appeals tribunal okays Adani takeover plan

Adani group firm has received clearance from a bankruptcy appeals tribunal to acquire Dighi Port Ltd, whose promoter now plans...

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Jaypee Infratech's Yamuna Expressway draws investor interest

Infrastructure

16 July, 2020

Jaypee Infratech's Yamuna Expressway draws investor interest

A marquee infrastructure investment firm has approached the lenders of debt-laden township developer Jaypee Infratech Ltd to acquire...

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Once-iconic textile firm enters bankruptcy to weave its way out of crisis

Manufacturing

14 July, 2020

Once-iconic textile firm enters bankruptcy to weave its way out of crisis

A textile company that owns a once-iconic saree brand is the latest to enter bankruptcy proceedings after a Mumbai-based asset...

US hedge fund gets court approval to buy bankrupt Amtek Auto

Manufacturing

11 July, 2020

US hedge fund gets court approval to buy bankrupt Amtek Auto

US-based hedge fund Deccan Value Investors LP has received court approval to buy bankrupt auto component maker Amtek Auto Ltd...

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