stressed assets
Manufacturing
Lenders okay JC Flowers ARC's bumped-up purchase plan for stressed pipemaker
Lenders led by government-owned Canara Bank have okayed JC Flowers Asset Reconstruction Company’s bumped-up acquisition...
Infrastructure
Jaypee Infratech's lenders choose Suraksha over NBCC as winning bidder
Real estate major Suraksha Group has defeated state-owned NBCC (India) Ltd by a narrow margin in the vote held by ......
Finance
Kingfisher Airlines lenders recover $787 mn by selling pledged shares
Nine years after bankrupt Kingfisher Airlines Ltd was grounded, the State Bank of India-led lenders consortium has managed to...
Infrastructure
Bankruptcy tribunal okays Jet's revival plan proposed by Kalrock Capital and Jalan
In a step ahead for the revival of embattled Jet Airways, the bankruptcy tribunal has approved the resolution plan of ......
Infrastructure
Consortium led by Delhi realty investor set to acquire Prius Group's bankrupt arm
A consortium led by a Delhi-based real estate investment firm is set to acquire a subsidiary of stressed real estate ......
Finance
Authum Investment emerges as highest bidder for stressed Reliance Home Finance
Mumbai-based non-bank lender Authum Investment and Infrastructure has emerged as the highest bidder for debt-laden Reliance Home...
Infrastructure
Adani gets lenders' nod to buy bankrupt Essar Power MP
Adani Power has emerged as a successful bidder for Essar Power's 1,200 megawatt (MW) thermal power project in Singrauli, Madhya...
Consumer
Tribunal doubts confidentiality maintained in Videocon bankruptcy process, requests IBBI probe
A Mumbai bench of insolvency tribunal has expressed surprise over the similarity between the bid value offered by Twin Star ......
Finance
Ares SSG-backed ARC set to lose bid for stressed home finance firm
An Ares SSG-backed asset reconstruction company (ARC) is set to lose a potential bid to acquire assets of large debt-laden ......
Finance
Lone Star Funds India head set to join global investment bank
The top India executive of US private equity and distressed assets investor Lone Star Funds is set to join a ......
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