stressed assets
Manufacturing
Supreme Court stays Amtek Auto's liquidation
The Supreme Court has stayed a tribunal’s order to liquidate Amtek Auto Ltd on a plea moved by lenders of ......
Infrastructure
IFCI drags KSK Energy Ventures to bankruptcy court
Power producer KSK Energy Ventures Ltd has been admitted into bankruptcy on a plea by non-bank lender IFCI Ltd. IFCI filed...
Investor Bulletin
Podcast: JSW bags another stressed asset; foreign investors may get policy push
Two years after the Reserve Bank of India asked banks to start bankruptcy proceedings against Bhushan Power & Steel Ltd, ......
Manufacturing
NCLT approves JSW's $2.7-bn bid for Bhushan Power & Steel
The National Company Law Tribunal (NCLT) has approved billionaire Sajjan Jindal-led JSW Steel Ltd’s offer of Rs 19,700 crore...
Infrastructure
Jet Airways' creditors to recover only $300-400 mn in liquidation scenario
Creditors of India’s bankrupt Jet Airways (JET.NS) are likely to recover less than 10% of the carrier’s total outstanding...
Finance
RBI panel favours allowing foreign portfolio investors to directly buy bad loans
A task force set up by India’s central bank on Tuesday recommended a slew of measures for developing a secondary ......
General
AION Capital, IARC execs on PE firms' stressed asset strategies and key problems
Many private equity firms that had showed interest in investing in stressed assets after the enactment of the Insolvency and ......
Investor Bulletin
Podcast: Mega bank merger, Dewan Housing in spotlight
The government on Friday approved four sets of mergers that will reduce the number of state-owned banks to 12. The move ......
Finance
Dewan Housing board approves conversion of debt to equity
India’s debt-laden shadow bank Dewan Housing Finance Corp Ltd said on Friday its board had approved the conversion of the...
Healthcare
NCLAT sets aside Sterling Biotech liquidation, allows lenders to drop insolvency case
The National Company Law Appellate Tribunal (NCLAT) has set aside a lower court’s order to liquidate Sterling Biotech Ltd...
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