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Govt proposes incentives worth $12 bn for stressed power sector to curb emissions

Finance

18 February, 2019

Govt proposes incentives worth $12 bn for stressed power sector to curb emissions

India has proposed incentives worth 885 billion rupees ($12.4 billion) to encourage power plants to install equipment to curb...

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Buyers eyeing pre-packaged deals for stressed assets: I-banker Mahesh Singhi

Finance

18 February, 2019

Buyers eyeing pre-packaged deals for stressed assets: I-banker Mahesh Singhi

India’s new bankruptcy law has been considered a game-changer meant to address non-performing assets, but it has also suffered from ......

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Five-year outlook a must for chasing stressed assets: Panellists at VCCircle LP summit

Finance

14 February, 2019

Five-year outlook a must for chasing stressed assets: Panellists at VCCircle LP summit

Timely due diligence, better visibility of risks and quality information about distressed companies can help fund managers and...

Allianz invests $200 mn in private debt platform of Edelweiss

Finance

11 February, 2019

Allianz invests $200 mn in private debt platform of Edelweiss

Allianz Investment Management, part of German insurer Allianz Group, has invested $200 million (Rs 1,420 crore) in a private debt...

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Are power sector lenders seeing light at the end of the stressed assets tunnel?

Infrastructure

08 February, 2019

Are power sector lenders seeing light at the end of the stressed assets tunnel?

Until six months ago, the power sector was struggling to find buyers for stressed assets. Now, it is limping ahead ......

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Varde Partners-backed Aditya Birla ARC inks first stressed assets deal

Infrastructure

05 February, 2019

Varde Partners-backed Aditya Birla ARC inks first stressed assets deal

Aditya Birla ARC Ltd has agreed to acquire part of the debt that RattanIndia Power Ltd owes its lenders for ......

Bank of India expects $360 mn from bankruptcy resolution in March quarter

Finance

29 January, 2019

Bank of India expects $360 mn from bankruptcy resolution in March quarter

Central government-owned Bank of India expects to recover around Rs 2,600 crore ($365.6 million) in the quarter ending March 2019...

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KKR to beef up infra, stressed assets teams in India

Finance

29 January, 2019

KKR to beef up infra, stressed assets teams in India

Global alternative assets manager KKR & Co. is beefing up its infrastructure and stressed assets teams in India as it ......

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Running out of patience, more banks are putting bad loans on the block

Finance

28 January, 2019

Running out of patience, more banks are putting bad loans on the block

Lenders including India’s largest bank are opting to sell their loan exposures to companies facing insolvency even as the...

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KKR's Sanjay Nayar on outlook for 2019 and why it is betting big on credit biz

Finance

28 January, 2019

KKR's Sanjay Nayar on outlook for 2019 and why it is betting big on credit biz

In November 2008, KKR & Co. hired Sanjay Nayar to set up and head its India operations, which formally began ......

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