stressed assets
Infrastructure
Conglomerate, ARC, developer make shortlist for distressed realty firm HDIL
A diversified conglomerate, an asset reconstruction company and a real estate developer have been shortlisted from six suitors...
Infrastructure
Amplus Capital's ex-MD ropes in developers for first fund on stressed real estate
Lumos Alternate Investment Advisors has tied up with a bunch of developers to float a stressed asset real estate fund, ......
Consumer
Omkara ARC seals another stressed assets deal
Omkara Assets Reconstruction Pvt. Ltd has closed a debt deal down south in another stressed assets transaction signed in the ......
Finance
In Charts: How the woes of India's banking sector and economy may worsen
Last week, the Reserve Bank of India unveiled the results of the latest “stress test” that it conducts periodically...
Infrastructure
Dighi Port promoter to move SC as appeals tribunal okays Adani takeover plan
Adani group firm has received clearance from a bankruptcy appeals tribunal to acquire Dighi Port Ltd, whose promoter now plans...
Finance
Banks' bad debt to jump amid COVID-19 pandemic: RBI report
The impact of the COVID-19 pandemic is likely to push up the gross non-performing assets in the Indian banking system ......
Finance
Areion Asset Management gets early commitment for $64 mn stressed assets fund
Areion Asset Management Pvt. Ltd has received investor commitments for a fifth of its distressed assets vehicle’s second...
Infrastructure
Two consortiums propose to restart Jet Airways, although somewhat differently
Jet Airways has attracted bids, finally, after spending more than a year in the insolvency resolution process. Two of the four...
Finance
Fair-practice norms may prompt ARCs to cherry-pick deals, improve transparency
While the Indian stressed asset market is often seen as dismal, the global slowbalisation has tightened the screws on the ......
Infrastructure
Jaypee Infratech's Yamuna Expressway draws investor interest
A marquee infrastructure investment firm has approached the lenders of debt-laden township developer Jaypee Infratech Ltd to acquire...
