stressed assets
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 ......
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 ......
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 ......
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 ......
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