stressed assets
Infrastructure
Realty player Supertech hits bankruptcy route on NCLT order
Another realty player Supertech Ltd, one of Delhi-NCR’s largest developers, has hit the insolvency route on Friday after the Delhi ......
Manufacturing
Reliance, Ares SSG-backed unit win bid for stressed Sintex Industries
A joint consortium of Mukesh Ambani-owned Reliance Industries (RIL) along with Ares SSG Capital-backed Assets Care & Reconstruction Enterprise Ltd has received ......
Finance
KKR, Blackstone, Piramal among 14 entities show interest to buy stressed Reliance Cap: report
Global private equity major KKR, Apollo Global, Blackstone, Brookfield and JC Flowers are among the 14 entities that have expressed ......
Infrastructure
Tata-ICICI Venture JV wins bid for stressed UP power asset under bankruptcy process
The resolution professional of South East UP Power Transmission Company Limited (SEUPTCL), has issued a Letter of Intent (LOI) selecting ......
Finance
Over 18,600 stressed assets worth Rs 5.9 lakh cr resolved before bankruptcy admission: Economic Survey
At least 18,629 applications of distressed companies with debt worth over Rs 5.89 lakh crore (trillion) which filed for bankruptcy ......
Finance
Distressed asset specialist Brescon in talks with investors to raise $250 mn fund
Debt restructuring and turnaround specialist firm Brescon & Allied Partners LLP (Brescon) is in early talks with domestic and global investors ......
Finance
Bad bank starts operations, banks to transfer $6.6 bn NPAs by March
National Asset Reconstruction Company Ltd (NARCL), a government created entity to tackle bad loan problem in India, is set to ......
Markets
Sebi introduces framework for Special situation funds
Capital markets regulator Securities and Exchange Board of India (Sebi) has introduced a framework for Special Situation Funds (SSFs) that ......
Consumer
Fresh bids for Videocon Industries by Feb 2 after Vedanta Group's bid rejected
State Bank of India (SBI)-led consortium of lenders of have invited fresh expressions of interest (EoIs) for debt-ridden Videocon Industries ......
Consumer
NCLAT revokes Vedanta unit's plan for Videocon Group, lenders may restart bidding process
A higher bankruptcy court on Wednesday set aside the National Company Law Tribunal (NCLT) order on Videocon Industries Ltd, allowing ......
