stressed assets
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 ......
Infrastructure
Kotak Investment Advisors set to seal first deal under bankruptcy law
The alternatives arm of billionaire Uday Kotak-owned Kotak Mahindra Bank is set to acquire its first asset under the Insolvency ......
Finance
Tribunal okays IL&FS claim against National Highways Authority
The bankruptcy tribunal has allowed an IL&FS unit to receive the settlement claim it made against the National Highways Authority ......
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 ......
Finance
Big bad bank won't crowd out little guys: Experts
The bad bank or the government asset reconstruction company proposed earlier this month won’t crowd out private-sector ARCs in India, ......
Infrastructure
Adani completes purchase of stressed Dighi Port, earmarks investments
Adani Ports and Special Economic Zone Ltd (APSEZ) has completed the acquisition of Dighi Port Ltd for a consideration of ......
TMT
Private equity consortium takes scissors to agritech firm's debt
An asset reconstruction company (ARC), backed by Kotak Mahindra Group, has managed to sell a stressed agri biotech firm to a ......
Finance
Former SBI chairman joins Kotak special situations fund as exclusive adviser
Rajnish Kumar, former chairman of State Bank of India (SBI), has joined Kotak Investment Advisors Limited (KIAL) as an exclusive ......
