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KKR-backed stressed textile firm avoids bankruptcy as tribunal tosses lender plea

Manufacturing

04 May, 2021

KKR-backed stressed textile firm avoids bankruptcy as tribunal tosses lender plea

A tribunal has rejected a plea of government-owned Bank of Baroda (BoB) to initiate bankruptcy against a Mumbai textile company ......

Beena Parmar

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Kotak group ARC to walk away from bankrupt textile firm

Consumer

01 April, 2021

Kotak group ARC to walk away from bankrupt textile firm

Kotak Mahindra Group’s asset reconstruction arm is set to exit a Mumbai-based bankrupt textile firm, a person told VCCircle. Phoenix ARC's ......

Beena Parmar

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MENA Digest: UAE's WEE Marketplace, three Egyptian startups secure funding

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