Beena Parmar
Consumer
Debt-laden dairy company Kwality gets lone bid
Dairy company Kwality Ltd, which was dragged to an insolvency court last year by a non-banking financial arm of private ......
Infrastructure
JM Financial ARC to beef up war chest for buying stressed assets
JM Financial Asset Reconstruction Company Ltd, India's second-biggest buyer of bad loans, plans to mobilise fresh capital to ramp up ......
Infrastructure
Construction firm IVRCL heads for liquidation
Hyderabad-based construction company IVRCL Ltd is headed for liquidation after failing to find a buyer under a bankruptcy resolution process. The ......
Finance
Former Goldman, GE execs' alternative investment fund eyes final close
Nepean Capital, a public market-focussed private equity fund floated by former executives of Goldman Sachs and GE Capital, is aiming ......
Finance
SBI CFO Prashant Kumar on bank consolidation, progress on stressed assets and more
State Bank of India (SBI) is leading many fights against top corporate defaulters, including Essar Steel, under the Insolvency and ......
Infrastructure
Why Jet bidders can't pin hopes on loyalty scheme alone to fly carrier again
Jet Airways (India) Ltd’s creditors have dangled the airline’s lucrative loyalty programme to attract buyers, but that may not be ......
Manufacturing
Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel
A recent order of an appeals tribunal in a case involving the bankruptcy resolution of Essar Steel India Ltd has ......
Finance
Why a large number of firms are collapsing in insolvency tribunals
A little more than two months ago, a bankruptcy court ordered the liquidation of ABG Shipyard Ltd—one of India’s biggest ......
Infrastructure
Adani to get another chance for Dighi Port as JNPT withdraws bid
State-owned Jawaharlal Nehru Port Trust (JNPT) has withdrawn its bid to buy debt-laden Dighi Port Ltd after an insolvency court ......
Manufacturing
UV ARC acquires cement maker's debt to expand mid-market operations
UV Asset Reconstruction Company Ltd is close to acquiring the entire debt of a distressed cement manufacturing company, as it ......
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