bankruptcy
Infrastructure
Lenders clear JSW Steel bid for bankrupt Bhushan Power
After over three years of bankruptcy, Bhushan Power and Steel now stands closer to resolution with lenders okaying JSW Steel’s ......
Finance
DHFL, Jet Airways lead a busy month for stressed asset deals in February
February was marked by movement in two large stressed assets deals -- Dewan Housing Finance Corporation Ltd (DHFL) and Jet ......
Healthcare
Lenders of Piramal PE-backed bulk drugs maker take massive haircut in acquisition deal
Lenders of a bankrupt bulk drugs and chemicals maker backed by a Piramal Group promoted private equity fund are staring ......
Consumer
How a KKR-backed firm slipped into bankruptcy and liquidation
A leading dairy products maker is headed for liquidation on the orders of the bankruptcy tribunal after the sole bidder ......
Manufacturing
TCG gets court nod to acquire bankrupt textile co
Purnendu Chatterjee led The Chatterjee Group (TCG) has received court approval to acquire a popular debt-ridden textile company under the ......
Finance
Flashback 2020: Virus manages to shoo away almost everyone from stressed assets
The distressed assets market was still going through teething problems from the four-year bankruptcy law when the Covid-19 pandemic struck ......
Infrastructure
Ansal Properties raising fresh equity capital after avoiding bankruptcy
North India-based developer Ansal Properties and Infrastructure Ltd (Ansal API) said Friday it has approved a plan to raise Rs ......
Finance
Oaktree bids most for Dewan Housing as Piramal, Adani revise offers
US-based Oaktree Capital Management has likely submitted the highest bid for Dewan Housing Finance Corp (DHFL) even as Piramal Group ......
TMT
Reliance Infratel lenders to take 90% haircut as Jio set to take control
Reliance Infratel Ltd’s financial creditors will take a haircut of as much as 90% on their loans under a court-approved ......
Manufacturing
M&A Lab: How Electrosteel turned a corner under Vedanta before COVID-19 hit
Last month, billionaire Anil Agarwal came in for criticism after he sought to delist his flagship mining company Vedanta Ltd ......
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