IBC
Manufacturing
Everstone, TVS Capital-backed wind turbine firm in the NCLT dock
A Chennai-based wind turbine firm backed by Everstone Capital, TVS Capital and MCap Advisors has been admitted to the insolvency ......
Finance
Why liquidation framework remains inadequate despite policy push?
Despite recent changes aimed at improving the liquidation process for bankrupt firms, the dissolution framework does not squeeze optimum value ......
Finance
ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?
There is more than a hint of schadenfreude in the asset reconstruction business. So even as the problem of bad ......
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 ......
Healthcare
Exclusive: Sole bidder emerges for bankrupt pharma firm Parabolic Drugs
Parabolic Drugs Ltd, a listed bulk drugs manufacturer which is currently undergoing insolvency proceedings, has received a takeover offer from ......
Finance
Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta
It has been a year since Punjab National Bank (PNB) revealed that two jewellery groups had swindled the state-run lender ......
Infrastructure
Bengaluru developer India Builders Corp looks to sell commercial asset
India Builders Corp. is scouting for a buyer for its key commercial property in its home market Bengaluru, two people ......
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 ......
Infrastructure
Fundraising may suffer as more homebuyers drag developers to insolvency courts
The real estate industry’s fundraising prospects may take a hit as freshly empowered homebuyers increasingly drag developers to insolvency courts. On ......
Finance
Multiples PE scraps stressed assets investment programme
Renuka Ramnath-led private equity firm Multiples Alternate Asset Management has shut down its stressed assets investment division two years after ......