stressed assets
Finance
Kingfisher Airlines lenders recover $787 mn by selling pledged shares
Nine years after bankrupt Kingfisher Airlines Ltd was grounded, the State Bank of India-led lenders consortium has managed to recover ......
Infrastructure
Bankruptcy tribunal okays Jet's revival plan proposed by Kalrock Capital and Jalan
In a step ahead for the revival of embattled Jet Airways, the bankruptcy tribunal has approved the resolution plan of ......
Infrastructure
Consortium led by Delhi realty investor set to acquire Prius Group's bankrupt arm
A consortium led by a Delhi-based real estate investment firm is set to acquire a subsidiary of stressed real estate ......
Finance
Authum Investment emerges as highest bidder for stressed Reliance Home Finance
Mumbai-based non-bank lender Authum Investment and Infrastructure has emerged as the highest bidder for debt-laden Reliance Home Finance. Authum’s Rs 2,911 ......
Infrastructure
Adani gets lenders' nod to buy bankrupt Essar Power MP
Adani Power has emerged as a successful bidder for Essar Power's 1,200 megawatt (MW) thermal power project in Singrauli, Madhya ......
Consumer
Tribunal doubts confidentiality maintained in Videocon bankruptcy process, requests IBBI probe
A Mumbai bench of insolvency tribunal has expressed surprise over the similarity between the bid value offered by Twin Star ......
Finance
Ares SSG-backed ARC set to lose bid for stressed home finance firm
An Ares SSG-backed asset reconstruction company (ARC) is set to lose a potential bid to acquire assets of large debt-laden ......
Finance
Lone Star Funds India head set to join global investment bank
The top India executive of US private equity and distressed assets investor Lone Star Funds is set to join a ......
Finance
Piramal to get funding from StanChart, Barclays Bank for DHFL buyout
Piramal Group is set to receive Rs 13,500 crore ($1.8 billion) in loans from two foreign lenders Barclays Bank and ......
Infrastructure
Bankrupt realty firm Jaypee Infratech's lenders to vote on winner next week
Lenders of bankrupt real estate developer Jaypee Infratech on Thursday decided to vote on the winning resolution plan next week. The ......
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