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Bankers block Haldiram's big-ticket entry into dairy business yet again

Consumer

05 December, 2019

Bankers block Haldiram's big-ticket entry into dairy business yet again

Haldiram Snacks Pvt. Ltd’s attempt to acquire a debt-laden dairy company hasn’t made any headway with lenders to the bankrupt ......

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Haldiram's big-ticket move to enter dairy business hits a hurdle

Consumer

08 November, 2019

Haldiram's big-ticket move to enter dairy business hits a hurdle

Haldiram Snacks Pvt. Ltd’s plan to acquire a dairy company has run into a roadblock after the insolvent firm’s lenders ......

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UAE-based billionaire's big India hospital deal hits new hurdle

Healthcare

12 September, 2019

UAE-based billionaire's big India hospital deal hits new hurdle

Billionaire BR Shetty’s year-long wait to take over two hospitals in Mumbai and Visakhapatnam that would have doubled his India ......

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Liquidation framework, costs under IBC need to be reviewed: Eight Capital chairman

Finance

09 August, 2019

Liquidation framework, costs under IBC need to be reviewed: Eight Capital chairman

The Insolvency and Bankruptcy Code (IBC) emulates a Hindi movie: Excitement in the beginning, chaos in the middle and a ......

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Debt-laden dairy company Kwality gets lone bid

Consumer

05 August, 2019

Debt-laden dairy company Kwality gets lone bid

Dairy company Kwality Ltd, which was dragged to an insolvency court last year by a non-banking financial arm of private ......

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Construction firm IVRCL heads for liquidation

Infrastructure

29 July, 2019

Construction firm IVRCL heads for liquidation

Hyderabad-based construction company IVRCL Ltd is headed for liquidation after failing to find a buyer under a bankruptcy resolution process. The ......

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Why Jet bidders can't pin hopes on loyalty scheme alone to fly carrier again

Infrastructure

26 July, 2019

Why Jet bidders can't pin hopes on loyalty scheme alone to fly carrier again

Jet Airways (India) Ltd’s creditors have dangled the airline’s lucrative loyalty programme to attract buyers, but that may not be ......

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Why a large number of firms are collapsing in insolvency tribunals

Finance

08 July, 2019

Why a large number of firms are collapsing in insolvency tribunals

A little more than two months ago, a bankruptcy court ordered the liquidation of ABG Shipyard Ltd—one of India’s biggest ......

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Adani to get another chance for Dighi Port as JNPT withdraws bid

Infrastructure

04 July, 2019

Adani to get another chance for Dighi Port as JNPT withdraws bid

State-owned Jawaharlal Nehru Port Trust (JNPT) has withdrawn its bid to buy debt-laden Dighi Port Ltd after an insolvency court ......

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New bidder selected to acquire Thunderbolt beer maker

Consumer

07 June, 2019

New bidder selected to acquire Thunderbolt beer maker

Lenders to Mount Shivalik Industries Ltd, the maker of popular beer brand Thunderbolt, have approved an offer by a new ......