stressed assets
Consumer
Kotak group ARC to walk away from bankrupt textile firm
Kotak group ARC to walk away from bankrupt textile firm with 'good returns' Kotak Mahindra Group’s...
Finance
Bhushan Power, NOCL lead March stressed assets resolutions; Upsurge in new cases under IBC
India’s stressed assets market saw the resolution of several pending cases in bankruptcy court in March, including big-ticket ones involving Bhushan Power...
Manufacturing
JSW Steel yanks Bhushan Power out of long-drawn bankruptcy
After over three years of bankruptcy, Bhushan Power and Steel has been bought by JSW Steel for $2.7 billion (Rs ......
Finance
Eight Capital's Ravi Chachra on the new distressed fund, bad bank and opportunities ahead
Distressed assets investor Eight Capital Management, which announced a new $500 million fund in January in a joint venture with ......
Infrastructure
TCG-backed Haldia Petrochemicals gets third time lucky with Nagarjuna Oil Corp
Two years after the lenders of Nagarjuna Oil Corporation rejected Haldia Petrochemicals’ resolution plan, a bankruptcy court...
Infrastructure
Infra solutions provider, once backed by Sequoia, ordered for liquidation
An infrastructure solutions provider, once funded by Sequoia and ChrysCapital, has been ordered for liquidation by the bankruptcy...
Finance
Covid dents Edelweiss ARC's debt purchase by at least 40%
Financial services major Edelweiss group’s asset reconstruction company is expected to see a dip in debt purchase and recoveries...
Manufacturing
GMM Pfaudler to buy assets of firm via liquidation process
GMM Pfaudler, the Indian unit of US-based Pfaudler Inc, will likely pick up its first asset under the liquidation process ......
Infrastructure
Essar group sees second firm fall into bankruptcy
A second Essar group firm has been admitted to insolvency by the National Company Law Tribunal (NCLT) over a default ......
Manufacturing
Sequoia takes major haircut on 11-yr Hindusthan National Glass bet
Venture capital firm Sequoia Capital is sitting on losses from its almost 11-year bet on Hindusthan National Glass & Industries. Going...
