stressed assets
Finance
Boutique financial firm SC Lowy to deepen stressed asset play in India
SC Lowy, Hong Kong-based privately-owned global banking group specialising in credit market and debt asset class, has plans to...
Healthcare
Stressed assets this week: Jet, Orchid Pharma and Aircel in focus
With the insolvency courts in recess, activity in the stressed assets segment was slightly subdued in the week gone by. ......
Infrastructure
Despite Hinduja interest, Jet Airways' hopes of a revival still look slim
Grounded for more than a month, Jet Airways spotted a glimmer of hope on Tuesday when the Hinduja Group said ......
Infrastructure
Hinduja Group evaluating bid for Jet Airways
Indian conglomerate Hinduja Group said on Tuesday it is evaluating a possible bid for debt-laden Jet Airways Ltd. The company...
Healthcare
Two drugmakers in race for Orchid Pharma as revival hopes brighten
Orchid Pharma Ltd has attracted takeover interest from three suitors, including two drugmakers, re-igniting hopes for a revival...
Infrastructure
Japan's Orix seeks to buy remaining stake in IL&FS wind energy assets
India’s debt-ridden Infrastructure Leasing and Financial Services (IL&FS) said on Sunday that Japan’s Orix Corp...
TMT
Aircel lenders approve UV ARC's bid, to get less than 1% of dues
Delhi-based UV Asset Reconstruction Company Ltd has received approval of the lenders to Aircel Ltd to buy the debt-laden telecom...
General
Stressed assets: Jet revival hopes dim; Dighi Port, Maiyas Beverages to get new owners
Indian banks are estimated to have recovered almost Rs 70,000 crore from various companies through bankruptcy resolution processes...
Infrastructure
Tribunal annuls voting by Jaypee Infratech creditors on NBCC's takeover bid
The National Company Law Appellate Tribunal (NCLAT) on Friday annulled voting by Jaypee Infratech Ltd' committee of creditors...
Finance
Bank of India to sell stressed assets worth $4.3 bn to ARCs
Indian government-owned Bank of India plans to put stressed assets worth Rs 30,000 crore (around $4,280 million at current exchange...
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