National Company Law Tribunal
Infrastructure
Adani to get another chance for Dighi Port as JNPT withdraws bid
State-owned Jawaharlal Nehru Port Trust (JNPT) has withdrawn its bid to buy debt-laden Dighi Port Ltd after an insolvency court...
Consumer
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 ......
Healthcare
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 ......
Healthcare
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 ......
Healthcare
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...
Infrastructure
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...
Manufacturing
Debt-laden Garden Silk may draw interest from asset reconstruction firm
Garden Silk Mills Ltd is likely to evince interest from an asset reconstruction company as its biggest lender will soon ......
TMT
Exclusive: ARC emerges as front runner to take over debt-ridden Aircel
An asset reconstruction company is on track to take over debt-laden telecom firm Aircel, a person familiar with the development...
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 ......
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