stressed assets
Finance
Why calls for pre-packaged IBC deals, easing ban on promoters are getting louder
A pre-packaged deal mechanism for stressed assets and lifting a ban on promoters from bidding for the companies they once ......
Manufacturing
Sequoia-backed glass maker's quest to rope in new investors hits a wall
Hindusthan National Glass & Industries Ltd’s plan to get new investors on board has hit a hurdle after a distressed ......
General
Jet Airways lenders make fourth attempt to sell grounded carrier
Lenders to Jet Airways (India) Ltd have decided to invite fresh bids from potential investors in their fourth attempt to ......
Finance
Banks weigh Sashakt panel-proposed fund to turn around stressed assets
Indian banks have revived discussions on setting up an asset management company and an alternative investment fund of around Rs ......
Finance
Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare
Coronavirus has set off a flurry of renegotiations for distressed assets falling under the Insolvency and Bankruptcy Code (IBC) besides ......
Manufacturing
NCLT approves CarVal's bid for Uttam Value Steels
The National Company Law Tribunal (NCLT) has approved the resolution plan submitted by a consortium of CarVal Investors and UK-based ......
Finance
Indian banks' bad debt could double in coronavirus crisis
India expects bad debts at its banks could double after the coronavirus crisis brought the economy to a sudden halt, ......
Finance
Prudent ARC to roll out debut fund as coronavirus promises to serve up stressed assets
New Delhi-based Prudent ARC Ltd is in talks with investors to roll out its debut fund, a top executive told ......
Markets
SEBI looks to ease fundraising norms for distressed companies
The Securities and Exchange Board of India (SEBI) has proposed to relax fundraising norms for distressed companies to help them ......
Finance
As coronavirus heightens default concerns, a look at India Inc's ‘unsafe debt'
The coronavirus pandemic will likely force several businesses to default on their borrowings, even though the central bank has allowed ......
