stressed assets
Manufacturing
Mid-sized and smaller distressed steel assets likely to see indirect PE interest
Given a competitive pricing advantage and strong steel demand, several mid-sized and smaller distressed steel assets could be snapped up ......
Finance
BlackRock managing director on India's 'handle with care' stressed assets market
The Indian stressed assets market needs to sharpen focus on the long term credit ecosystem, bring more local experts to ......
Manufacturing
Omkara Assets Reconstruction's bid for Odisha steel maker gets greenlight
The bankruptcy tribunal has okayed Omkara Assets Reconstruction Pvt Ltd’s bid to acquire Jagannath Sponge Private Ltd in a deal ......
Infrastructure
Realty firm Nirmal Lifestyle enters bankruptcy for default on Altico Capital's loans
Mumbai-based real estate development firm Nirmal Lifestyle Ltd has been admitted for bankruptcy on a plea filed by IDBI Trusteeship ......
Finance
UVARCL picks up 15% debt of engineering services firm from SBI
UV Asset Reconstruction Company Ltd (UVARCL) has bought about 15% debt of a stressed construction and engineering services firm, two ......
Finance
Stressed Assets Wrap: Bankruptcy resolutions continue to move at snail's pace in July
The sluggish pace of bankruptcy resolutions seen in May and June worsened in July even as several massive haircuts came ......
Finance
Investors offer massive haircuts for LIC's $1 bn stressed loan accounts
At least five large investors including private equity players have bid very low to acquire stressed corporate loans worth about ......
Manufacturing
Lenders take steep haircut on another steel asset under liquidation process
Lenders have taken a massive haircut on the sale of a Kolkata-based stressed iron and steel firm whose majority debt ......
Infrastructure
Anti-monopoly watchdog okays Suraksha's plan to acquire Jaypee Infratech
Real estate major Suraksha Group has received approval from the Competition Commission of India (CCI) to acquire bankrupt township developer ......
Finance
NCLTs lash out at insolvency resolution professionals over steep haircuts
“Get better resolutions…reduce haircuts…will not approve the plans with low value offerings...” These are some of the latest pronouncements heard at ......
