stressed assets
Infrastructure
As Adani lumbers towards Dighi Port acquisition, promoter cries foul
The bankruptcy tribunal has okayed Adani Ports and Special Economic Zone Ltd’s resolution plan for debt-laden Dighi Port Ltd while ......
Finance
RBI imposes moratorium on Yes Bank, supersedes board; SBI may invest
The Reserve Bank of India on Thursday imposed a moratorium on Yes Bank and superseded its board after the private-sector ......
TMT
Creditors okay Mukesh Ambani, UV ARC's resolution plans for R-Com, subsidiaries
A creditor panel led by the State Bank of India has okayed the bankruptcy resolution plans of Mukesh Ambani-owned Reliance ......
Healthcare
Top court sets aside NCLAT order on Dhanuka's offer for Orchid Pharma
The Supreme Court has set aside an insolvency appeals court’s order against Dhanuka Laboratories Ltd’s resolution plan to acquire debt-laden ......
Infrastructure
IVRCL gets bid for sale of company as going concern under liquidation
Hyderabad-based construction firm IVRCL Ltd is set to become the first company under liquidation to be sold as a going ......
Finance
Bankruptcy tribunal okays state-owned NBCC's bid for Jaypee Infratech
The National Company Law Tribunal on Tuesday approved the proposal of state-owned construction firm NBCC (India) Ltd to acquire debt-ridden ......
People
Blackstone's India bad loan arm plans to expand leadership team
Global private equity giant Blackstone plans to grow the leadership team at its asset reconstruction arm in India, a top ......
Manufacturing
Kotak stressed assets fund pulls Jindal Stainless out of debt rejig
The distressed assets fund of Kotak Investment Advisors announced its debut deal with a Rs 500 crore ($69 million) investment ......
Finance
Apollo Global, other PE firms eye distressed investments as coronavirus fears grow
Major private equity firms, which have built up big distressed debt funds in recent years, are ready to snap up ......
Manufacturing
Suzlon to recast debt, get fresh capital from Tulsi Tanti and Sun Pharma promoters
Suzlon Energy Ltd will restructure its debt, sell assets and raise capital from its founder and other shareholders, as the ......
