stressed assets
Infrastructure
Jaypee Infratech creditors approve NBCC's revised takeover offer
State-run NBCC (India) Ltd said on Tuesday its revised takeover offer for township developer Jaypee Infratech Ltd has been approved...
Manufacturing
Everstone, TVS Capital-backed wind turbine firm in the NCLT dock
A Chennai-based wind turbine firm backed by Everstone Capital, TVS Capital and MCap Advisors has been admitted to the insolvency...
Manufacturing
ArcelorMittal forms JV with Nippon Steel to run Essar Steel
ArcelorMittal SA said on Monday it had formed a joint venture with Nippon Steel Corp to run Essar Steel, the ......
Manufacturing
JSW Steel inches closer to acquiring another bankrupt firm
JSW Steel got one step closer to becoming the largest steel firm in the country as a bankruptcy appeals court ......
Finance
Cabinet clears changes in bankruptcy law to protect new owners
The Union Cabinet approved on Wednesday a number of changes in the Insolvency and Bankruptcy Code to protect new owners ......
Finance
How RBI's new norms for ARCs may affect the bad-loan market
The Reserve Bank of India’s tightening of norms for asset reconstruction companies (ARCs) to buy bad loans may lead to ......
Consumer
Bankers block Haldiram's big-ticket entry into dairy business yet again
Haldiram Snacks Pvt. Ltd’s attempt to acquire a debt-laden dairy company hasn’t made any headway with lenders to the...
Finance
Why the govt's lending push could come back to bite the banking sector
Deen Dyal, who runs a tea stall on the outskirts of New Delhi, was beaming when he walked out of ......
Finance
RBI moves to begin bankruptcy proceedings against DHFL
The Reserve Bank of India has filed an application to begin bankruptcy proceedings against shadow lender Dewan Housing Finance...
Finance
Bankruptcy law set to face huge test in Dewan Housing case
India’s bankruptcy-resolution process has just begun to find its feet with recent precedent-setting court rulings, but bankers,...
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