stressed assets

JSW Steel's purchase of Bhushan Power suspended, pending probe into ex-owners

Manufacturing

15 October, 2019

JSW Steel's purchase of Bhushan Power suspended, pending probe into ex-owners

In a setback for JSW Steel, a bankruptcy appeals tribunal has held back its payment of Rs 19,700 crore to ......

Manufacturing

14 October, 2019

Enforcement Directorate links over $500 mn Bhushan Power assets to fraud probe

India’s financial fraud agency said on Saturday assets worth 40.25 billion rupees ($567.60 million) of Bhushan Power &...

Infrastructure

14 October, 2019

Indian real estate slump leaves beleaguered banks exposed

India might have thought the worst of a bad loans crisis was past, but a severe cash crunch in the ......

Premium

Finance

07 October, 2019

SC Lowy's India biz head on what's driving, and hampering, stressed assets deals

Hong Kong-based financial group SC Lowy is stepping up its distressed assets game in India by betting on non-banking financial ......

Finance

04 October, 2019

Podcast: DHFL dangles equity conversion before lenders; Altico gets PE attention

Two non-banking financial companies -- Dewan Housing Finance Corporation Ltd (DHFL) and Altico Capital – are busy working...

Premium

Finance

03 October, 2019

Smaller ARCs chase bulk deals to step up bad-loan purchases

Smaller asset reconstruction companies (ARCs) are stepping up their bad-loan purchases as they consider buying in bulk a pool...

Finance

01 October, 2019

India Inc's debt downgrades jump to highest since FY16

Corporate India’s credit profile has worsened during the six months through September as the value of debt downgraded by...

Finance

30 September, 2019

Dewan Housing proposes converting debt to equity under draft resolution plan

India’s crisis-hit shadow bank Dewan Housing Finance Ltd (DHFL) has submitted a draft resolution plan proposing to convert...

Infrastructure

27 September, 2019

Mumbai developer Lokhandwala goes bust, felling skyscraper plans with Shapoorji

Lokhandwala Infrastructure Pvt. Ltd is the latest to go bust, its bankruptcy spoiling plans to complete the 90-floor iconic Minerva...

Premium

Finance

26 September, 2019

Omkara Assets Reconstruction gears up for a second round of equity capital

One year after its first round of equity capital infusion, Omkara Asset Reconstruction Pvt. Ltd is looking to go for ......

Most Popular

Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News