stressed assets
Infrastructure
Two Lanco Infratech arms set to get new owners under IBC
Resolution plans for two subsidiary companies of Lanco Infratech are set to get approval from the bankruptcy tribunal. Lanco Thermal Power ......
Consumer
Jet Airways' fate still uncertain as confusion prevails over winning bid
Confusion reigned over the bidding for bankrupt Jet Airways as a consortium dismissed a report quoting an executive as saying ......
Finance
SBI's new chief says top priority to maintain loan book quality
India's largest lender, State Bank of India's newly appointed chairman said that his focus areas as he takes over will ......
Finance
Banks fear govt interest waiver will add to costs, spark litigation
Indian bankers fear the government's decision to waive some interest payments on loans under a COVID-19 support plan will create ......
Manufacturing
ArcelorMittal likely to bid for Uttam Galva Steels under IBC
Billionaire Lakshmi Mittal-owned ArcelorMittal has shown interest in acquiring Uttam Galva Steels under the Insolvency and Bankruptcy Code (IBC), a ......
Finance
Top asset reconstruction firm dials headhunters to hire new chief
One of India’s oldest and topmost asset reconstruction companies (ARCs) has appointed a US-based headhunting firm to find its new ......
Finance
Govt extends suspension of bankruptcy filings
The Indian government on Thursday said it had extended a suspension of bankruptcy filings until December, a decision aimed at ......
Manufacturing
JM Financial ARC's wait to recover money from bankrupt textile firm gets longer
JM Financial Asset Reconstruction Company Ltd will have to wait a little longer to recover its money from a bankrupt ......
General
Grapevine: Brookfield, SBI, HDFC to jointly set up asset reconstruction firm
Canada’s Brookfield, State Bank of India (SBI), and housing finance firm HDFC are joining hands to come up with a ......
Finance
Dickey Consulting rolls out maiden stressed asset fund
Dickey Consulting LLP, a Delhi-based corporate and insolvency advisory service provider, has floated a sector-agnostic stressed asset fund as its ......
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