stressed assets
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...
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...
Finance
SBI's new chief says top priority to maintain loan book quality
India's largest lender, State Bank of India's newly appointed chairman said that his focus areas as he takes over will...
Finance
Banks fear govt interest waiver will add to costs, spark litigation
Indian bankers fear the government's decision to waive some interest payments on loans under a COVID-19 support plan will...
Manufacturing
ArcelorMittal likely to bid for Uttam Galva Steels under IBC
Billionaire Lakshmi Mittal-owned ArcelorMittal has shown interest in acquiring Uttam Galva Steels under the Insolvency and Bankruptcy...
Finance
Top asset reconstruction firm dials headhunters to hire new chief
One of India’s oldest and topmost asset reconstruction companies (ARCs) has appointed a US-based headhunting firm to find...
Finance
Govt extends suspension of bankruptcy filings
The Indian government on Thursday said it had extended a suspension of bankruptcy filings until December, a decision aimed at...
Manufacturing
JM Financial ARC's wait to recover money from bankrupt textile firm gets longer
JM Financial Asset Reconstruction Company Ltd will have to wait a little longer to recover its money from a bankrupt ......
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