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DHFL, Jet Airways lead a busy month for stressed asset deals in February

Finance

01 March, 2021

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 ......

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Bankrupt textile firm on RBI defaulters list to be acquired at 84% discount

Manufacturing

24 February, 2021

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, ......

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Quadria Capital backed pharma firm to acquire distressed bulk drugs maker

Healthcare

10 February, 2021

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,...

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Lenders of Piramal PE-backed bulk drugs maker take massive haircut in acquisition deal

Healthcare

25 January, 2021

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 ......

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How a KKR-backed firm slipped into bankruptcy and liquidation

Consumer

18 January, 2021

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 ......

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All eyes on lenders' tough choice of DHFL suitor as bankruptcy law faces acid test

Finance

14 January, 2021

All eyes on lenders' tough choice of DHFL suitor as bankruptcy law faces acid test

This Friday will see a critical test of the four-year bankruptcy law as lenders decide between a local and a ......

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How a former employee dragged Kalaari-backed fintech firm to bankruptcy court

TMT

28 October, 2020

How a former employee dragged Kalaari-backed fintech firm to bankruptcy court

Kalaari Capital-backed fintech firm has been pushed into bankruptcy after a Mumbai bench of the insolvency tribunal admitted a...

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PE-backed ReGen Powertech unit attempts to woo buyers

Infrastructure

22 October, 2020

PE-backed ReGen Powertech unit attempts to woo buyers

An insolvent subsidiary of ReGen Powertech Pvt Ltd has initiated the process to find buyers under the bankruptcy law even ......

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Ansal Properties wins court battle to avoid bankruptcy

Infrastructure

14 August, 2020

Ansal Properties wins court battle to avoid bankruptcy

Delhi-based realty firm Ansal Properties and Infrastructure Ltd has received a favourable verdict that will help it skirt insolvency...

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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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