stressed assets
Finance
IDBI Bank looks to speed up asset-sale plans in turnaround bid
IDBI Bank hopes to complete the sale of its mutual fund and insurance businesses as well as that divestment of ......
Consumer
Som Distilleries top contender to acquire north Indian beer brand
Som Distilleries Pvt. Ltd has emerged as the leading contender to acquire a north India-based beer brand. The Bhopal-based...
General
Stressed assets this week: Tatas win race for Bhushan Energy; Jaypee Infra in focus
The total number of cases that have ended with the order of liquidation stand at 378 as on 31 March, ......
Finance
Alvarez & Marsal's Nikhil Shah on rising dealmaking activity in stressed assets
Turnaround and restructuring specialist Alvarez and Marsal has been in the thick of the resolution proceedings initiated under India’s Insolvency ......
Finance
Eight Capital, Emso buy Ambit's stake in ARC joint venture with JC Flowers
Mumbai-based stressed asset investor Eight Capital Management and London-headquartered Emso Asset Management on Thursday announced...
Finance
PNB hikes bad-loan recovery target by over 50% for FY20
State-owned Punjab National Bank (PNB) has increased its bad-loan recovery target to Rs 25,000 crore for the current financial...
Finance
IDBI Bank, lender with worst asset quality, looks to sell mutual fund unit
IDBI Bank Ltd has put its mutual fund business on the block, joining a bunch of lenders that are selling ......
Healthcare
SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid
State Bank of India and other creditors to Calyx Chemicals & Pharmaceuticals Ltd will get less than 5% of their ......
Healthcare
Parabolic Drugs set to chart recovery path as lenders approve takeover bid
Debt-laden Parabolic Drugs Ltd is headed on the road to recovery after its lenders gave their stamp of approval to ......
Infrastructure
Adani Infrastructure submits non-binding bid for Jaypee Infratech
Adani Infrastructure & Developers Pvt. Ltd has submitted a non-binding offer to take over Jaypee Infratech Ltd, throwing a...
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