stressed assets
Finance
Valuations down 15-20% across the board: Alvarez & Marsal MD
Resolution and turnaround of distressed corporates is fast becoming the need of the hour as the coronavirus has left several ......
Finance
New insolvency cases touch over 3-year low in pandemic-hit June quarter
New insolvency cases dropped during pandemic-stricken April-June to the lowest in 13 quarters, showed the latest data by the Insolvency ......
General
IL&FS PE-backed floriculture firm heads for liquidation
A bankrupt floriculture company that counts IL&FS Private Equity as an investor and was India’s largest producer of cut roses ......
Manufacturing
Amtek Auto's three-year-long quest to come out of bankruptcy gets longer
Amtek Auto Ltd’s debt resolution process has hit another hurdle as US hedge fund Deccan Value Investors, which received court ......
Finance
Kotak Special Situations Fund's CEO on impact of pandemic, RBI debt recast on deals
Kotak Investment Advisors Ltd, the alternative assets arm of banker Uday Kotak-led financial services group, raised $1 billion (around Rs ......
Finance
RBI accepts Kamath panel report on debt recast for stressed sectors
A committee set up by the Reserve Bank of India (RBI) to make recommendations on restructuring loans for the Indian ......
Manufacturing
How ArcelorMittal Nippon is reforging Essar Steel after takeover
When brothers Shashi and Ravi Ruia set up Essar Steel India Ltd in 1998, they may never have imagined that ......
Manufacturing
Purnendu Chatterjee's TCG looks to acquire bankrupt textile company
A chemicals manufacturer that’s part of the Purnendu Chatterjee-led The Chatterjee Group (TCG) has made an offer to acquire a ......
Manufacturing
PE funds, electronics companies among bidders for Videocon assets
Bankrupt consumer appliances maker Videocon Industries Ltd and a dozen of its units have received 11 offers for their assets ......
Finance
Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets
The resolution of distressed assets under the Insolvency and Bankruptcy Code (IBC) has hit a big stumbling block with the ......
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