stressed assets
People
Phoenix ARC expects activity to pick up in Jan-March: Chief exec
Phoenix ARC Private Limited, sponsored by Kotak Mahindra Group, witnessed a spike in profit for April-September on a year-on-year basis. The ......
Manufacturing
M&A Lab: How Electrosteel turned a corner under Vedanta before COVID-19 hit
Last month, billionaire Anil Agarwal came in for criticism after he sought to delist his flagship mining company Vedanta Ltd ......
TMT
Snapdeal founders, others invest in bad loans recovery-focussed Credgenics
Analog Legalhub Tech Solutions Pvt Ltd, which operates bad loans recovery-focussed platform Credgenics, has raised Rs 24.8 crore ($3.3 million) ......
TMT
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 petition ......
Infrastructure
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 ......
Manufacturing
JSW Steel gets NCLT approval to buy Asian Colour Coated Ispat
Billionaire Sajjan Jindal-owned JSW Steel Ltd has received court approval to acquire bankrupt steel company Asian Colour Coated Ispat after ......
Infrastructure
Jet Airways lenders approve bid by Kalrock Capital consortium
Lenders to Jet Airways (India) Ltd approved on Saturday a resolution plan to revive the airline that was grounded one-and-a-half ......
Consumer
Times Group-backed innerwear maker heads for liquidation
A Mumbai-based innerwear firm backed by Times Group, which publishes The Times of India newspaper and owns news channels and ......
Infrastructure
Two Lanco Infratech arms set to get new owners under IBC
Resolution plans for two subsidiary companies of Lanco Infratech are set to get approval from the bankruptcy tribunal. Lanco Thermal Power ......
Consumer
Jet Airways' fate still uncertain as confusion prevails over winning bid
Confusion reigned over the bidding for bankrupt Jet Airways as a consortium dismissed a report quoting an executive as saying ......
