stressed assets
Finance
Piramal-Bain distressed assets fund set to raise $750 mn
India Resurgence Fund will be raising $750 million (around Rs 5,250 crore) over the next few months to increase its ......
Finance
Jet Airways shares slump to all-time lows as hopes of revival dim further
Shares of India's Jet Airways Ltd crashed to record lows on Tuesday, after a report that Hinduja Group and Etihad ......
Consumer
PE-backed Adlabs Entertainment dragged to bankruptcy court
Weeks after private equity firm ICICI Venture exited Adlabs Entertainment Ltd with a huge haircut, a lender to the theme ......
Consumer
New bidder selected to acquire Thunderbolt beer maker
Lenders to Mount Shivalik Industries Ltd, the maker of popular beer brand Thunderbolt, have approved an offer by a new ......
Finance
RBI eases stressed assets norms—here's what has changed
The Reserve Bank of India on Friday allowed lenders complete discretion to design and implement bankruptcy resolution plans in...
Finance
Stressed assets this week: Nirav Modi firms head to NCLT; reprieve for Sterling Biotech
There was plenty of action at the bankruptcy courts this week, with breakthroughs achieved in a couple of cases that ......
General
Grapevine: GIC, 5 PE firms in race for CitiusTech; Goldman, SSG eye stressed assets
Singapore sovereign wealth fund GIC Pte. Ltd and five private equity firms have entered a second round of negotiations to ......
TMT
NCLT approves Srei Group's takeover plan for Deccan Chronicle
The National Company Law Tribunal (NCLT) has approved a plan by an investment arm of Kolkata-based Srei Group to acquire ......
Healthcare
NCLAT stays liquidation of Sterling Biotech
The National Company Law Appellate Tribunal (NCLAT) has stayed the order of a lower bankruptcy court which had referred debt-laden...
Manufacturing
NCLAT okays Maruti Ferrous' modified plan for buying Sunil Ispat
Maruti Ferrous Pvt. Ltd’s plan to acquire bankrupt Sunil Ispat and Power has been okayed by the National Company Law ......
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