stressed assets
Infrastructure
NCLT admits SBI's insolvency plea against Jet Airways
The National Company Law Tribunal (NCLT) on Thursday admitted an insolvency plea filed by State Bank of India (SBI) against ......
General
Grapevine: Snapdeal-ShopClues deal may fall through; JSW eyes stressed power plants
Online retailer Snapdeal is unlikely to acquire ShopClues after a due diligence process revealed that the smaller rival had significant...
Manufacturing
Moser Baer Solar heads for liquidation after failing to find buyer
Moser Baer Solar Ltd is heading for liquidation after the debt-laden company failed to get any insolvency resolution plan from...
Infrastructure
Jet Airways' lenders to take grounded carrier to bankruptcy court
Lenders to India's Jet Airways plan to begin insolvency proceedings against the debt-laden carrier, a consortium of the airline's...
General
Stressed assets this week: Amtek Auto starts afresh, Orchid Pharma faces a twist
On June 14, 2017, the Reserve Bank of India asked banks to take the 12 biggest debt defaulters to bankruptcy ......
Finance
Amid Jet crisis, India's aviation minister confident of fixing airline capacity shortage
India’s new civil aviation minister said on Friday he is confident that problems at grounded Jet Airways Ltd will be ......
Finance
Arcil CEO Vinayak Bahuguna on how to speed up stressed asset resolution and more
Vinayak Bahuguna took over as the CEO and managing director at Asset Reconstruction Company (India) Ltd, or Arcil, in June ......
Manufacturing
Amtek Auto restarts bankruptcy resolution process, seeks fresh bids
Auto component manufacturer Amtek Auto Ltd started a fresh bidding process on Thursday, nearly two years after bankruptcy proceedings...
Infrastructure
Jaypee Infratech lenders reject NBCC's takeover offer
Lenders to Jaypee Infratech Ltd have voted against NBCC (India) Ltd’s revised bid to take over the debt-laden real estate...
Infrastructure
Reliance Group's Anil Ambani says will make timely debt service payments
Reliance Group chairman Anil Ambani said on Tuesday his diversified telecoms to financial services and infrastructure group was...
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