stressed assets
Finance
Dewan Housing assures lenders of no haircuts; Deloitte resigns as auditor
Bondholders of troubled shadow lender Dewan Housing Finance Ltd (DHFL) have been given a three-week deadline to decide if they...
Consumer
Debt-laden dairy company Kwality gets lone bid
Dairy company Kwality Ltd, which was dragged to an insolvency court last year by a non-banking financial arm of private ......
Infrastructure
State Bank of India seeks bids for Videocon's overseas oil, gas assets
The State Bank of India has invited bids for overseas oil and gas assets of Videocon Industries Ltd, a newspaper ......
Infrastructure
Jet Airways extends deadline for initial bids to August 10
India’s Jet Airways has extended the deadline for initial bids for the bankrupt airline to Aug. 10 from Aug. 3, ......
General
Podcast: IBC changes, Jet and Jaypee Infratech dominate stressed assets news
A few big debt-laden companies made news this week in the stressed assets segment while the government got parliamentary approval...
Finance
Why India's $86-bn bank rescue effort isn't enough to ease the distress
It may not be quite a bottomless pit but the Indian government’s repeated injections of funds into the nation’s state-owned...
Infrastructure
JM Financial ARC to beef up war chest for buying stressed assets
JM Financial Asset Reconstruction Company Ltd, India's second-biggest buyer of bad loans, plans to mobilise fresh capital to ramp up ......
Infrastructure
Appeals tribunal extends Jaypee Infra's resolution period; orders fresh bidding
The bankruptcy appeals tribunal has extended the debt resolution period of real estate developer Jaypee Infratech Ltd by another 90 ......
Infrastructure
NCLAT grants three weeks to Dighi Port promoters to settle creditors' claims
The National Company Law Appellate Tribunal (NCLAT) has granted three weeks' time to the promoters of debt-ridden Dighi Port...
Infrastructure
Construction firm IVRCL heads for liquidation
Hyderabad-based construction company IVRCL Ltd is headed for liquidation after failing to find a buyer under a bankruptcy resolution...
Most Popular
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News