Amtek Auto Ltd
Manufacturing
Amtek Auto's three-year-long quest to come out of bankruptcy gets longer
Amtek Auto Ltd’s debt resolution process has hit another hurdle as US hedge fund Deccan Value Investors, which received court ......
Manufacturing
US hedge fund gets court approval to buy bankrupt Amtek Auto
US-based hedge fund Deccan Value Investors LP has received court approval to buy bankrupt auto component maker Amtek Auto Ltd ......
Manufacturing
Amtek creditors accept US hedge fund's offer, to take deep haircut
The creditors of automobile component maker Amtek Auto Ltd have okayed a bankruptcy resolution plan proposing around 80% haircut submitted ......
Manufacturing
Back from brink, Amtek faces debt resolution process again as SC orders fresh bids
Two weeks after staying the liquidation of Amtek Auto Ltd, India's top court has allowed lenders of the automobile component ......
Manufacturing
Supreme Court stays Amtek Auto's liquidation
The Supreme Court has stayed a tribunal’s order to liquidate Amtek Auto Ltd on a plea moved by lenders of ......
Investor Bulletin
Podcast: KKR hires India ARC chief; Amtek Auto, Jet, Sahara in stressed asset moves
A couple of big debt-laden companies suffered setbacks in their quest to find new investors that could help them get ......
General
Stressed assets: RBI panel focuses on SMEs; Orchid, GMR unit set to change hands
For the past two years, the Reserve Bank of India has been focusing mainly on the biggest stressed assets in ......
General
Stressed assets this week: Amtek Auto starts afresh, Orchid Pharma faces a twist
On June 14, 2017, the Reserve Bank of India asked banks to take the 12 biggest debt defaulters to bankruptcy ......
Manufacturing
Amtek Auto restarts bankruptcy resolution process, seeks fresh bids
Auto component manufacturer Amtek Auto Ltd started a fresh bidding process on Thursday, nearly two years after bankruptcy proceedings first ......
General
Stressed assets: UltraTech revises bid for Binani Cement; Videocon faces insolvency
As Indian banks grapple with stressed assets worth nearly $150 billion, various branches of the National Company Law Tribunal (NCLT) ......