Essar Steel
Finance
Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?
The bankruptcy tribunal’s move last Thursday directing lenders of Dewan Housing Finance Corporation (DHFL) to consider a settlement proposal from ......
Manufacturing
How ArcelorMittal Nippon is reforging Essar Steel after takeover
When brothers Shashi and Ravi Ruia set up Essar Steel India Ltd in 1998, they may never have imagined that ......
Finance
Flashback 2019: Few sectors, fewer big-ticket deals dominate top M&As
The total value of mergers and acquisitions (M&As) in India slumped in 2019, as only a handful of local companies ......
Infrastructure
Flashback 2019: Big PE deals mark otherwise rough year for infrastructure sector
After a lacklustre 2018, the Indian infrastructure sector would have hoped for a turnaround in its fortunes this year. But ......
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
Alvarez & Marsal's Nikhil Shah on rising dealmaking activity in stressed assets
Turnaround and restructuring specialist Alvarez and Marsal has been in the thick of the resolution proceedings initiated under India’s Insolvency ......
Finance
Running out of patience, more banks are putting bad loans on the block
Lenders including India’s largest bank are opting to sell their loan exposures to companies facing insolvency even as the country’s ......