insolvency
Infrastructure
TCG-backed Haldia Petrochemicals gets third time lucky with Nagarjuna Oil Corp
Two years after the lenders of Nagarjuna Oil Corporation rejected Haldia Petrochemicals’ resolution plan, a bankruptcy court has cleared the ......
Infrastructure
Infra solutions provider, once backed by Sequoia, ordered for liquidation
An infrastructure solutions provider, once funded by Sequoia and ChrysCapital, has been ordered for liquidation by the bankruptcy tribunal. “Considering the ......
Infrastructure
Essar group sees second firm fall into bankruptcy
A second Essar group firm has been admitted to insolvency by the National Company Law Tribunal (NCLT) over a default ......
Consumer
Elevation Capital-backed beverage firm runs out of juice, enters bankruptcy
A Finnish packaging materials maker has pushed a Vadodara-based fruit juice maker into bankruptcy. Huhtamaki Oyj has dragged Manpasand Beverages Ltd ......
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 ......
Infrastructure
Kotak Investment Advisors set to seal first deal under bankruptcy law
The alternatives arm of billionaire Uday Kotak-owned Kotak Mahindra Bank is set to acquire its first asset under the Insolvency ......
Infrastructure
Noida developer Three C Homes to be liquidated after NCLT rejects resolution plan
Three C Homes (3C) Private Limited, the Delhi NCR based real estate developer once sought after by multiple private equity ......
Consumer
A unit of The Pioneer's publisher enters bankruptcy
A firm of The Pioneer group, which is owned by journalist Chandan Mitra and publishes The Pioneer newspaper, has entered ......
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 ......