stressed assets
Manufacturing
Back from brink, Amtek faces debt resolution process again as SC orders fresh bids
Two weeks after staying the liquidation of Amtek Auto Ltd, India's top court has allowed lenders of the automobile component...
People
RCom CEO steps down to focus on US unit's bankruptcy process
Indian telecom company Reliance Communications Ltd’s (RCom) (RLCM.NS) Chief Executive Officer Bill Barney will step down...
Finance
ARC Scan: Is India's No.2 buyer of soured debt hitting the sweet spot?
Anil Bhatia doesn’t like to take his office home with him. That’s certainly a good way to manage work stress. ......
Finance
PE-backed Altico Capital evaluating options after default
India’s Altico Capital said on Sunday it was evaluating options to resolve its liquidity issues, following its recent default...
Infrastructure
R-Com's undersea cable unit files for bankruptcy in US
Global Cloud Xchange (GCX), an arm of Anil Ambani-owned debt-laden Reliance Communications Ltd, has voluntarily filed for bankruptcy...
Finance
Is the bankruptcy law the best way to resolve stressed assets?
The Insolvency and Bankruptcy Code has turned out to be a mixed bag in terms of resolution of stressed assets. ......
Finance
How India's most vulnerable companies can worsen the debt woes
India Inc.’s battle with high debt levels could potentially get tougher in coming years as companies that owe almost Rs...
Finance
PE-backed lender Altico Capital defaults on debt; chairperson quits
Altico Capital India Ltd, a non-banking financial company that focuses on the real estate sector, has defaulted on its debt ......
Healthcare
UAE-based billionaire's big India hospital deal hits new hurdle
Billionaire BR Shetty’s year-long wait to take over two hospitals in Mumbai and Visakhapatnam that would have doubled his...
Finance
Watch: Shardul Shroff on why bankruptcy law needs fine-tuning
Shardul Shroff, executive chairman at law firm Shardul Amarchand Mangaldas & Co., says the Insolvency and Bankruptcy Code (IBC) needs ......
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