stressed assets
Infrastructure
Govt approves $1.4 bn for fund to help stalled housing projects
India’s cabinet has approved 100 billion rupees ($1.4 billion) for a fund to help clear stalled housing projects, Finance...
Finance
Arcil hires Edelweiss exec as chief investment officer
Asset Reconstruction Company (India) Ltd, or Arcil, has hired a senior executive from Edelweiss Group to oversee stressed-asset...
Finance
Bank of India throws more non-core assets onto chopping block
State-run Bank of India has placed two more assets on the chopping block, people in the know told VCCircle, as ......
Finance
Why banks are slowing bad-loan sales to asset reconstruction companies
Indian banks have slowed the pace of selling bad loans to asset reconstruction companies (ARCs), as they work on other ......
Finance
KKR's Henry McVey on growth outlook and why it is overweight on credit
Private equity firm KKR & Co. Inc. is less bullish on growth outside the US, where it warns of more ......
Manufacturing
Indian steelmakers face debt challenges after snapping up stressed assets
India's biggest steelmakers may be suffering from buyer's remorse as assets they bought from bankrupt rivals stretch their...
Consumer
NCLT allows insolvency plea against Typhoo tea maker Apeejay Tea
The National Company Law Tribunal (NCLT) has ordered to start insolvency proceedings against Apeejay Tea Ltd, one of India’s...
Finance
Indian private-sector lenders signal stress in loan book
Two top Indian private-sector lenders on Tuesday signalled stress in their loan books as the banks grapple with the worst ......
Consumer
Why Haldiram is keen to acquire bankrupt dairy firm Kwality
In its decades-long history, Haldiram Snacks Pvt. Ltd has acquired just three companies—all in the past four years—as...
General
Grapevine: JSW, others circle Jhabua; LGT-Aspada platform may invest in AMP Energy
Avantha Group’s Jhabua Power, which is undergoing insolvency proceedings, has received expressions of interest from JSW,...
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