stressed assets
Finance
ARCIL looks to beef up war chest for acquiring stressed assets
Asset Reconstruction Company (India) Ltd (ARCIL) plans to raise at least Rs 1,000 crore ($142 million) in the current financial...
Infrastructure
Jet Airways lenders reach out to unsolicited bidders to revive airline
SBI Capital Markets Ltd, the investment bank mandated to look for buyers for Jet Airways (India) Ltd, on Wednesday held ......
Consumer
Sadananda Maiya-backed firm set to take over Maiyas Beverages
A company backed by food entrepreneur Sadananda Maiya is set to take over Maiyas Beverages & Foods Pvt. Ltd, which ......
General
Falcon Edge may back Stanza Living; Jaypee Infratech to vote on NBCC's revised bid
Delhi-based student accommodation platform Stanza Living is in the process of securing $30 million (Rs 210 crore at current exchange...
Infrastructure
Jet Airways CEO, CFO resign as rescue hopes dim
Indian carrier Jet Airways said on Tuesday its Chief Executive Officer Vinay Dube had resigned with immediate effect. Dube's...
Infrastructure
NCLT clears JNPT's plan to acquire Dighi Port, rejects Adani plea
A bankruptcy court has approved a resolution plan by government-owned Jawaharlal Nehru Port Trust (JNPT) to buy debt-laden Dighi...
General
Stressed assets: Essar-ArcelorMittal fight drags on; RCom enters bankruptcy
Large insolvency cases saw several twists and turns over the past week as lenders struggled to find investors for resolution ......
Infrastructure
SBI gets two bids for Jet Airways; Etihad shows interest but with riders
State Bank of India (SBI) said on Friday it has received two unsolicited bids for ailing Jet Airways, nearly a ......
Healthcare
NCLAT orders action against Ingen Capital for delaying Orchid Pharma resolution
The National Company Law Appellate Tribunal has directed the Centre to take action against US-based investor Ingen Capital Group...
TMT
NCLT starts bankruptcy process for Reliance Communications
The National Company Law Tribunal (NCLT) on Thursday admitted Reliance Communications Ltd (RCom) for insolvency and allowed it...
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