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Jaypee Infratech lenders reject NBCC's takeover offer

Infrastructure

11 June, 2019

Jaypee Infratech lenders reject NBCC's takeover offer

Lenders to Jaypee Infratech Ltd have voted against NBCC (India) Ltd’s revised bid to take over the debt-laden real estate ......

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New bidder selected to acquire Thunderbolt beer maker

Consumer

07 June, 2019

New bidder selected to acquire Thunderbolt beer maker

Lenders to Mount Shivalik Industries Ltd, the maker of popular beer brand Thunderbolt, have approved an offer by a new ......

NCLT approves Srei Group's takeover plan for Deccan Chronicle

TMT

04 June, 2019

NCLT approves Srei Group's takeover plan for Deccan Chronicle

The National Company Law Tribunal (NCLT) has approved a plan by an investment arm of Kolkata-based Srei Group to acquire ......

NCLAT okays Maruti Ferrous' modified plan for buying Sunil Ispat

Manufacturing

04 June, 2019

NCLAT okays Maruti Ferrous' modified plan for buying Sunil Ispat

Maruti Ferrous Pvt. Ltd’s plan to acquire bankrupt Sunil Ispat and Power has been okayed by the National Company Law ......

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SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid

Healthcare

30 May, 2019

SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid

State Bank of India and other creditors to Calyx Chemicals & Pharmaceuticals Ltd will get less than 5% of their ......

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Parabolic Drugs set to chart recovery path as lenders approve takeover bid

Healthcare

29 May, 2019

Parabolic Drugs set to chart recovery path as lenders approve takeover bid

Debt-laden Parabolic Drugs Ltd is headed on the road to recovery after its lenders gave their stamp of approval to ......

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Two drugmakers in race for Orchid Pharma as revival hopes brighten

Healthcare

20 May, 2019

Two drugmakers in race for Orchid Pharma as revival hopes brighten

Orchid Pharma Ltd has attracted takeover interest from three suitors, including two drugmakers, re-igniting hopes for a revival of the ......

Stressed assets: Jet revival hopes dim; Dighi Port, Maiyas Beverages to get new owners

General

17 May, 2019

Stressed assets: Jet revival hopes dim; Dighi Port, Maiyas Beverages to get new owners

Indian banks are estimated to have recovered almost Rs 70,000 crore from various companies through bankruptcy resolution processes during the ......

Sadananda Maiya-backed firm set to take over Maiyas Beverages

Consumer

15 May, 2019

Sadananda Maiya-backed firm set to take over Maiyas Beverages

A company backed by food entrepreneur Sadananda Maiya is set to take over Maiyas Beverages & Foods Pvt. Ltd, which ......

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NCLT clears JNPT's plan to acquire Dighi Port, rejects Adani plea

Infrastructure

14 May, 2019

NCLT clears JNPT's plan to acquire Dighi Port, rejects Adani plea

A bankruptcy court has approved a resolution plan by government-owned Jawaharlal Nehru Port Trust (JNPT) to buy debt-laden Dighi Port ......