stressed assets

Jet Airways lenders approve bid by Kalrock Capital consortium

Infrastructure

17 October, 2020

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...

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Consumer

12 October, 2020

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 ......

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Infrastructure

08 October, 2020

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

08 October, 2020

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

08 October, 2020

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

07 October, 2020

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

06 October, 2020

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...

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Finance

01 October, 2020

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

25 September, 2020

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...

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Manufacturing

24 September, 2020

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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