NCLT
TMT
Arcil, other creditors approve sale of Aditya Birla Group backed stressed IT solutions firm
Creditors, including Asset Reconstruction Company India Ltd (Arcil), have approved the sale of an Aditya Birla Group entity backed stressed ......
Healthcare
Gujarat pharma firm to hit the rocks three years after bankruptcy
A Vadodara-based pharmaceuticals company, which entered insolvency three years ago, will collapse into liquidation as the apex court has refused ......
Finance
DHFL, Jet Airways lead a busy month for stressed asset deals in February
February was marked by movement in two large stressed assets deals -- Dewan Housing Finance Corporation Ltd (DHFL) and Jet ......
Manufacturing
Bankrupt textile firm on RBI defaulters list to be acquired at 84% discount
A fraud-hit, bankrupt readymade garments maker is being acquired by a consortium of buyers from India and the Middle East, ......
Finance
Central bank okays Piramal takeover of DHFL
The Piramal Group has received the greenlight from the Reserve Bank of India to acquire Dewan Housing Finance Corporation Ltd ......
Infrastructure
Noida developer Three C Homes to be liquidated after NCLT rejects resolution plan
Three C Homes (3C) Private Limited, the Delhi NCR based real estate developer once sought after by multiple private equity ......
Healthcare
Quadria Capital backed pharma firm to acquire distressed bulk drugs maker
A New Delhi based pharmaceutical company backed by private equity firm Quadria Capital will acquire a distressed bulk drugs maker, ......
Healthcare
Lenders of Piramal PE-backed bulk drugs maker take massive haircut in acquisition deal
Lenders of a bankrupt bulk drugs and chemicals maker backed by a Piramal Group promoted private equity fund are staring ......
Consumer
How a KKR-backed firm slipped into bankruptcy and liquidation
A leading dairy products maker is headed for liquidation on the orders of the bankruptcy tribunal after the sole bidder ......
Finance
Piramal Group beats Oaktree to emerge as preferred bidder for DHFL
Billionaire Ajay Piramal led Piramal Group has emerged as the preferred bidder to acquire bankrupt mortgage lender Dewan Housing Finance ......
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