stressed assets
Finance
Sterling Biotech faces liquidation; lenders, promoters may challenge NCLT ruling
In a setback for the lenders of Sterling Biotech, the Mumbai bench of the National Company Law Tribunal (NCLT) has ......
Manufacturing
SSG Capital challenges CarVal-Arcil offer to buy Uttam Galva units
Hong Kong-based SSG Capital has moved the National Company Law Tribunal (NCLT) against the lenders’ acceptance of Rs 2,500...
Consumer
Singapore's DBS Bank wants more out of Patanjali's offer for Ruchi Soya
Singaporean lender DBS Bank has contested the bankruptcy-resolution plan of Rs 4,350 crore offered by Patanjali Ayurved to buy...
Manufacturing
JSW Steel ups bankruptcy-resolution offer for steel products maker Asian Colour
JSW Steel, which had emerged as the lone bidder for Asian Colour Coated Ispat Ltd, has increased its bankruptcy-resolution offer...
Manufacturing
Essar Steel's Ruia family challenges ArcelorMittal bid yet again
Essar Steel India Ltd’s promoter Ruia family has once again challenged global steel giant ArcelorMittal’s bid for...
Infrastructure
India govt sees little scope for Jet Airways revival
India’s government sees little hope of a bidder emerging for debt-laden Jet Airways Ltd, two senior finance ministry officials...
Infrastructure
Jaypee Infratech creditors reject Suraksha Realty's offer
Creditors to debt-laden Jaypee Infratech Ltd have rejected a bid by a Suraksha Realty-led consortium, giving state-run NBCC (India)...
Infrastructure
Stressed assets this week: Jet in limbo; ABG Shipyard heads to liquidation
During the January-March quarter, 73 cases ended in liquidation, taking the total number of such cases to 378 since the ......
Infrastructure
GMR gets lenders' approval for power project's debt-resolution plan
GMR Infrastructure on Friday said all lenders, led by IDBI Bank, have accepted the debt resolution plan of its associate ......
Infrastructure
Tribeca, developer behind Trump Towers in India, eyes stressed real estate projects
Real estate player Tribeca Developers, known for bringing businessman and US President Donald Trump’s real estate brand...
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