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Podcast: Distressed asset funds see opportunity in coronavirus crisis

Finance

02 April, 2020

Podcast: Distressed asset funds see opportunity in coronavirus crisis

As the world at large continues to try and contain the coronavirus pandemic, India is staring at a potential crisis ......

Housing sales to slump 25-35% on coronavirus lockdown: ANAROCK report

Infrastructure

02 April, 2020

Housing sales to slump 25-35% on coronavirus lockdown: ANAROCK report

The coronavirus spread and nationwide lockdown will possibly hit the supply and demand for housing properties which could witness a ......

Dhanuka Laboratories takes over Orchid Pharma under insolvency plan

Healthcare

01 April, 2020

Dhanuka Laboratories takes over Orchid Pharma under insolvency plan

Dhanuka Laboratories Ltd has taken over Orchid Pharma Ltd as per an insolvency resolution plan that was approved by courts ......

Suzlon Energy gets lenders' nod for debt resolution plan

Manufacturing

30 March, 2020

Suzlon Energy gets lenders' nod for debt resolution plan

Suzlon Energy Ltd, which last year disclosed a default of more than $1 billion, has received approval from its lenders ......

Grapevine: Jindal India Thermal Power's lenders reject promoters' resolution offer

General

30 March, 2020

Grapevine: Jindal India Thermal Power's lenders reject promoters' resolution offer

Jindal India Thermal Power’s 17-member lenders’ consortium has rejected the promoters debt resolution offer that proposes to pay Rs 2,450 ......

Insolvency resolution to exclude lockdown period from 330-day time frame

Finance

30 March, 2020

Insolvency resolution to exclude lockdown period from 330-day time frame

The 330-day time frame for resolution of cases under the Insolvency and Bankruptcy Code (IBC) will now exclude the national ......

Yes Bank plans to raise $666 mn more after govt bailout

Finance

26 March, 2020

Yes Bank plans to raise $666 mn more after govt bailout

Yes Bank Ltd has approved plans to raise up to Rs 5,000 crore ($666 million) to strengthen its capital base ......

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Distressed asset funds smell blood as coronavirus bites businesses

Finance

26 March, 2020

Distressed asset funds smell blood as coronavirus bites businesses

Even as the world trembles from Covid-19 and its effects on the economy, distressed asset investors are shaking with excitement ......

Govt to unveil fiscal package to help economy face coronavirus: Sitharaman

Finance

24 March, 2020

Govt to unveil fiscal package to help economy face coronavirus: Sitharaman

India’s government will soon announce a fiscal package to help the economy face the impact of the coronavirus, Finance Minister ......

Ansal Properties asks appeals tribunal to reverse insolvency proceedings verdict

Infrastructure

20 March, 2020

Ansal Properties asks appeals tribunal to reverse insolvency proceedings verdict

Ansal Properties and Infrastructure Ltd has said it has challenged the initiation of insolvency proceedings in an appeals tribunal. The move ......