stressed assets
Finance
Nirmal Gangwal's Brescon takes second shot at stressed assets biz
Debt restructuring and turnaround advisory firm Brescon Corporate Advisors is gearing up to raise its first special situations...
Infrastructure
Why bankruptcy court looks set to be Jet Airways' next destination
Arvind Gupta is one of Jet Airways’ 1.4 lakh shareholders. He says he wrote the obituary for India’s oldest private...
Finance
ARC Scan: How Edelweiss bloomed into India's top buyer of bad loans
Siby Antony, a four-decade veteran in the financial services industry, personally visits the main projects or factories of a company...
General
Stressed assets this week: Spotlight turns on Jet Airways, Gitanjali Gems
Since the Insolvency and Bankruptcy Code (IBC) was passed in 2016, a little over Rs 1.42 lakh crore of claims ......
Infrastructure
Can lenders pull back Jet Airways from the brink of collapse?
Once India's biggest private air carrier, Jet Airways, which grounded operations on Wednesday, can now only depend on investors...
Infrastructure
Jet Airways timeline: How the airline that once dominated Indian skies collapsed
Beleaguered carrier Jet Airways halted all operations on Wednesday after its lenders rejected its plea for emergency funding from...
Manufacturing
Ballarpur Industries unit dragged to bankruptcy court for second time
Kotak Mahindra Bank has dragged BILT Graphic Paper Products Ltd to the bankruptcy court after the unit of Avantha group-promoted...
Finance
Jet Airways suspends operations as lenders reject funding request
Jet Airways Ltd will be forced to shut down as soon as Wednesday if it does not get emergency funding ......
Finance
UV ARC set to float maiden distressed assets fund
UV Asset Reconstruction Company Ltd (UV ARC) is planning to float its debut fund for buying distressed assets, a person ......
Consumer
Fugitive diamantaire Mehul Choksi's Gitanjali Gems heads for liquidation
Absconding diamantaire Mehul Choksi-promoted Gitanjali Gems Ltd is headed for liquidation after a majority of its lenders decided...
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