stressed assets
Manufacturing
Debt-laden Garden Silk may draw interest from asset reconstruction firm
Garden Silk Mills Ltd is likely to evince interest from an asset reconstruction company as its biggest lender will soon ......
Manufacturing
NCLT approves ArcelorMittal's takeover bid for Essar Steel
The National Company Law Tribunal (NCLT) approved steel giant ArcelorMittal SA's takeover bid for debt-ridden Essar Steel,...
Finance
Kotak PE rules out new infra fund, may make fresh bets via stressed assets vertical
Kotak Investment Advisors Ltd has fully invested its infrastructure fund and plans to make fresh bets on the sector through ......
Finance
CDPQ to invest $250 mn in NBFC arm of Edelweiss
Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest about Rs 1,800 crore...
Finance
Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta
It has been a year since Punjab National Bank (PNB) revealed that two jewellery groups had swindled the state-run lender ......
TMT
Exclusive: ARC emerges as front runner to take over debt-ridden Aircel
An asset reconstruction company is on track to take over debt-laden telecom firm Aircel, a person familiar with the development...
Finance
Kotak gets $500 mn commitment from SWF for stressed assets fund
Kotak Investment Advisors Ltd has floated a fund to invest in stressed assets and received a commitment of $500 million ......
Finance
Which distressed sectors offer the best opportunities for dealmaking?
A number of debt-laden companies across sectors have been undergoing bankruptcy resolution proceedings. These include companies...
Finance
HDFC puts plan for stressed assets fund on the back burner
Housing Development Finance Corp has put on hold a plan to set up a fund to invest in stressed real ......
Infrastructure
ArcelorMittal makes bid to acquire Essar's Mahan power plant
ArcelorMittal SA, the world’s biggest steelmaker, has bid 48 billion rupees ($673 million) to acquire Essar’s 1200...
