stressed assets
Finance
SBI gets new head to wrestle down bad loans worth $17.5 bn
India’s largest lender State Bank of India (SBI) has appointed a new managing director (MD) to manage down gross non-performing ......
Manufacturing
Shree Renuka Sugars makes final stab at debt, hopes to shake off NPA image at last
Shree Renuka Sugars, one of the top three sugar makers in India that has been working to shed its non-performing ......
Markets
SEBI mulls free-float factor for firms relisting after bankruptcy
The capital markets regulator has floated a consultation paper seeking industry feedback on raising the minimum public float of companies ......
Manufacturing
M&A Lab: Bhushan Steel on the mend in Tata avatar but ghost of bankruptcy haunts
In May 2018, Tata Steel Ltd acquired Bhushan Steel Ltd for Rs 35,200 crore in its biggest purchase of a ......
Finance
Fund Scan: How debt and distress dominate Ares SSG's playbook
For a credit-focussed investor that likes to stay under the radar, SSG Capital has made a lot of moves in ......
Insights Focus
Corporate Intelligence – A Crisis Navigational Tool
Trust is the bedrock on which our social contracts are written. It works as the starting point for all our ......
Infrastructure
Ansal Properties wins court battle to avoid bankruptcy
Delhi-based realty firm Ansal Properties and Infrastructure Ltd has received a favourable verdict that will help it skirt insolvency proceedings. National ......
Infrastructure
Ares SSG looks to step up India real estate play after sealing Altico deal
Hong Kong-based stressed asset specialist Ares SSG Group plans to expand its real estate playbook in India as it explores ......
Finance
KKR puts India ARC plans on the backburner, CEO pick quits
Global private equity firm KKR & Co. appears to have shelved its plan to operate an asset reconstruction company in ......
General
IL&FS PE-backed distressed rose producer gets three proposals to exit insolvency
A Bengaluru-based floriculture company that emerged as India’s largest producer of cut roses a decade ago before falling on hard ......