insolvency
Manufacturing
UV ARC acquires cement maker's debt to expand mid-market operations
UV Asset Reconstruction Company Ltd is close to acquiring the entire debt of a distressed cement manufacturing company, as it ......
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 ......
Infrastructure
Why bankruptcy court looks set to be Jet Airways' next destination
Arvind Gupta is one of Jet Airways’ 1.4 lakh shareholders. He says he wrote the obituary for India’s oldest private ......
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 ......
TMT
Exclusive: ARC emerges as front runner to take over debt-ridden Aircel
An asset reconstruction company is on track to take over debt-laden telecom firm Aircel, a person familiar with the development ......
Finance
Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO
Dena Bank, one of the weakest public-sector lenders, has posted losses for three financial years in a row, and is ......
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
Will the new ordinance help banks clean up the bad-loan mess?
When a new government takes office, it usually inherits a sizeable baggage from the previous regime. Three years ago, when ......
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