stressed assets

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Arcil halts bad-loan purchases, focuses on recovery amid coronavirus lockdown

Finance

08 April, 2020

Arcil halts bad-loan purchases, focuses on recovery amid coronavirus lockdown

Asset Reconstruction Company (India) Ltd, or Arcil, has decided not to acquire any soured debt during the current quarter and...

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Finance

03 April, 2020

Stressed assets on pause for now but coronavirus aftermath poses shakeout risks

Even as the entire stressed asset ecosystem is almost on pause in the pandemic, both buyers and sellers are bracing ......

Finance

02 April, 2020

Podcast: Distressed asset funds see opportunity in coronavirus crisis

As the world at large continues to try and contain the coronavirus pandemic, India is staring at a potential crisis ......

Infrastructure

02 April, 2020

Housing sales to slump 25-35% on coronavirus lockdown: ANAROCK report

The coronavirus spread and nationwide lockdown will possibly hit the supply and demand for housing properties which could witness...

Healthcare

01 April, 2020

Dhanuka Laboratories takes over Orchid Pharma under insolvency plan

Dhanuka Laboratories Ltd has taken over Orchid Pharma Ltd as per an insolvency resolution plan that was approved by courts ......

Manufacturing

30 March, 2020

Suzlon Energy gets lenders' nod for debt resolution plan

Debt-laden Suzlon Energy Ltd’s resolution plan under the central bank’s Intercreditor Agreement (ICA) has received...

General

30 March, 2020

Grapevine: Jindal India Thermal Power's lenders reject promoters' resolution offer

Jindal India Thermal Power’s 17-member lenders’ consortium has rejected the promoters debt resolution offer that proposes...

Finance

30 March, 2020

Insolvency resolution to exclude lockdown period from 330-day time frame

The 330-day time frame for resolution of cases under the Insolvency and Bankruptcy Code (IBC) will now exclude the national ......

Finance

26 March, 2020

Yes Bank plans to raise $666 mn more after govt bailout

Yes Bank plans to raise up to Rs 5,000 crore ($666 million) to strengthen its capital base after the government ......

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Finance

26 March, 2020

Distressed asset funds smell blood as coronavirus bites businesses

Even as the world trembles from Covid-19 and its effects on the economy, distressed asset investors are shaking with excitement...

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