stressed assets
Finance
Four years and counting: For KKR, India's stressed assets remain a bridge too far
In an interaction with journalists on Wednesday, Henry Kravis highlighted the investment opportunity arising from stressed assets...
Manufacturing
Bain-Piramal fund invests $156 mn in Archean Chemical
India Resurgence Fund, a joint venture of Bain Capital Credit and Piramal Enterprises Ltd, has invested $156 million (Rs 1,100...
Finance
Top Edelweiss stressed assets executive quits to join corporate house
A senior executive from Edelweiss Alternative Asset Advisors Ltd has stepped down to join a Bengaluru-based family run group of...
Infrastructure
ICICI Venture-Tata's PE fund inks $830 mn deal for Jaypee's Prayagraj project
A private equity venture set up by Tata Power Co. Ltd and ICICI Group has signed a pact to acquire ......
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...
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
The Supreme Court on Thursday allowed ArcelorMittal SA and NuMetal to bid for debt-ridden Essar Steel after paying outstanding...
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...
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...
