stressed assets
Manufacturing
NCLAT clears UltraTech's bid for Binani Cement
An Indian tribunal has ruled that UltraTech Cement Ltd’s more than $1 billion bid for the cement unit of Binani ......
Finance
IndiaNivesh marks first close for turnaround fund
Homegrown private investment firm IndiaNivesh has marked the first close for its maiden turnaround fund, top executives said. The Renaissance Fund ......
Finance
Exclusive: SBI Funds to raise new corpus for stressed assets
SBI Funds Management Pvt. Ltd, the asset management arm of State Bank of India, is raising capital for a new ......
Manufacturing
Supreme Court allows ArcelorMittal, NuMetal to bid for Essar Steel
India's Supreme Court allowed ArcelorMittal SA and NuMetal to bid for debt-ridden Essar Steel after clearing their outstanding dues within ......
General
Emso, Eight Capital eye stressed assets; Apollo Global buys JPMorgan realty platform
London-based hedge fund Emso Asset Management Ltd has tied up with Mumbai-based distressed asset management firm Eight Capital Management LLC ......
Manufacturing
ArcelorMittal raises bid for Essar Steel as bankruptcy battle heats up
Steel giant ArcelorMittal SA has raised its bid for India's debt-laden Essar Steel in competition with Russia's VTB and Vedanta ......
Infrastructure
As PE-backed power firms stare at bankruptcy, deal activity may pick up pace
Between 2009 and 2011, many private equity firms invested in Indian power companies as they hoped to benefit from rising ......
Manufacturing
Asian PE firm ADV seals buyout to strike back-to-back India deals
Asia-focussed private equity firm ADV Partners has struck its third India deal this year by securing a buyout in the ......
Finance
Promoters now see debt repayment as an obligation, not option: AZB's Ramanathan
The country’s bankruptcy law has brought about a positive change in attitude among promoters and banks with regard to proactively ......
Manufacturing
How to make the most of investment opportunities in stressed assets
The stressed assets segment has been drawing interest from many global investors as a large number of cases are getting ......
