Steel
Manufacturing
Mid-sized and smaller distressed steel assets likely to see indirect PE interest
Given a competitive pricing advantage and strong steel demand, several mid-sized and smaller distressed steel assets could be snapped up ......
Manufacturing
Omkara Assets Reconstruction's bid for Odisha steel maker gets greenlight
The bankruptcy tribunal has okayed Omkara Assets Reconstruction Pvt Ltd’s bid to acquire Jagannath Sponge Private Ltd in a deal ......
Manufacturing
Lenders okay JC Flowers ARC's bumped-up purchase plan for stressed pipemaker
Lenders led by government-owned Canara Bank have okayed JC Flowers Asset Reconstruction Company’s bumped-up acquisition plan for a Hyderabad-based stressed ......
Manufacturing
Maithan Alloys to buy Andhra plant in liquidation process, over 90% haircut for lenders
Maithan Alloys Ltd, one of India’s largest manganese alloy producers, will acquire a Kolkata-based firm which owns a manufacturing unit ......
Manufacturing
JSW Steel inches closer to acquiring another bankrupt firm
Billionaire Sajjan Jindal-led JSW Steel Ltd has moved one step closer to becoming the largest steelmaker in the country as ......
Manufacturing
Asian PE firm ADV seals buyout to strike back-to-back India deals
Asia-focussed private equity firm ADV Partners has struck its third India deal this year by securing a buyout in the ......