stressed assets
Infrastructure
SBI-led lenders start stake sale process in Jet Airways
Lenders to Jet Airways (India) Ltd have invited bids for a stake sale of up to 75% in the struggling ......
Economy
What the SC order on stressed assets means for ARCs, PE funds, strategic buyers
The Supreme Court (SC) order quashing the central bank’s framework on bad loans may give more shopping time to investors, ......
Economy
After SC order, RBI to issue fresh circular on bad debt resolution
The Reserve Bank of India (RBI) said on Thursday it would issue a revised circular on the resolution of stressed ......
Finance
Govt may direct state-run banks on bad debt after court's rejection of RBI rules
The government could issue directions to state-run banks to resolve corporate default cases and ensure there is no tampering with ......
Finance
Stressed assets resolution to stretch as top court quashes RBI rules on bad loans
India's top court on Tuesday struck down the Reserve Bank of India's February 12, 2018 circular on bad loans, a ......
Finance
Former IL&FS chairman Hari Sankaran arrested for fraud
India’s Serious Fraud Investigation Office (SFIO) has arrested the former chairman of debt-laden Infrastructure Leasing and Financial Services (IL&FS) in ......
Infrastructure
Shapoorji Pallonji Group firm to buy embattled Unitech's power transmission biz
Debt-laden Unitech Ltd, which remains enmeshed in a long-drawn legal battle to repay disgruntled home buyers, is selling its power ......
Finance
Ambit to sell stake in ARC joint venture with JC Flowers to local, foreign firms
Ambit Pvt. Ltd is set to exit its asset reconstruction joint venture with US-based JC Flowers & Co. by selling ......
Infrastructure
Tatas enter airport sector, join GIC & SSG Capital to bet $1.15 bn on GMR Airports
Tata Group has entered India's airports sector as it joined Singapore sovereign wealth fund GIC and stressed assets investor SSG ......
Infrastructure
Jyoti Structures bankruptcy resolution back on track as tribunal quashes liquidation order
A group of investors led by Sharad Sanghi, chief executive officer at Netmagic Solutions, will submit a revised resolution plan ......
