CDR
Manufacturing
Kotak stressed assets fund pulls Jindal Stainless out of debt rejig
The distressed assets fund of Kotak Investment Advisors announced its debut deal with a Rs 500 crore ($69 million) investment ......
Manufacturing
Kotak's stressed assets fund inks debut deal
The distressed assets fund of Kotak Investment Advisors has marked its debut deal, an executive told VCCircle, with a transaction ......
Finance
Spandana Sphoorty raises $270 mn, exits CDR
Spandana Sphoorty Financial Ltd has raised over $100 million (about Rs 650 crore) in equity capital from a consortium of ......
General
Microlenders Trident and Basix face risk of closure as debt restructuring plan flounders
Hyderabad-based Trident Microfinance Pvt Ltd may have to shut its operations after the lenders to the microfinance institution removed the ......
Consumer
Credit Suisse PE-backed Shree Ganesh Jewellery approaches lead lender SBI for CDR proposal
Kolkata-based jewellery manufacturer and exporter Shree Ganesh Jewellery House Ltd has approached country's largest lender State Bank of India (SBI) ......
Infrastructure
Suzlon raises $647M via bond issue to support CDR
World’s fifth largest wind turbine maker Suzlon Group has raised $647 million through its wholly owned subsidiary, AE Rotor Holding ......
Manufacturing
Suzlon gets approval for debt restructuring proposal of $1.8B
Wind turbine manufacturer Suzlon Energy Ltd has got the formal approval for its proposal to restructure domestic debt from the ......
General
RBI's debt restructuring panel asks for more skin in the game by promoters
Promoters seeking to restructure the debt of the company will have to bring more skin in the game and ‘sacrifice’ ......