stressed assets
Finance
JM Financial arm marks first close of debut stressed assets fund
The credit alternatives arm of the JM Financial Group has marked the first close of its debut distressed assets fund. JM ......
Finance
How insolvencies climbed across sectors before India locked down to fight virus
The manufacturing and real estate sectors accounted for three-fifths of new insolvencies in the three months through March even before ......
Finance
As companies hit the rocks and sink, lenders scour the wreck and get zilch
The liquidation process under the bankruptcy law has eroded almost 99% of the value of claims made for the 69 ......
Finance
Recovery under bankruptcy law shows big jump but Jaypee Infratech skews the picture
The amount recovered under the Insolvency and Bankruptcy Code (IBC) jumped 13 times sequentially in the January-March quarter and rose ......
General
Why one-year suspension of bankruptcy law has put bankers, investors in tough spot
Creditors, investors and even companies involved in distressed asset resolution will suffer a major setback as the government has decided ......
Finance
Why calls for pre-packaged IBC deals, easing ban on promoters are getting louder
A pre-packaged deal mechanism for stressed assets and lifting a ban on promoters from bidding for the companies they once ......
Manufacturing
Sequoia-backed glass maker's quest to rope in new investors hits a wall
Hindusthan National Glass & Industries Ltd’s plan to get new investors on board has hit a hurdle after a distressed ......
Finance
Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare
Coronavirus has set off a flurry of renegotiations for distressed assets falling under the Insolvency and Bankruptcy Code (IBC) besides ......
Finance
Prudent ARC to roll out debut fund as coronavirus promises to serve up stressed assets
New Delhi-based Prudent ARC Ltd is in talks with investors to roll out its debut fund, a top executive told ......
Finance
As coronavirus heightens default concerns, a look at India Inc's ‘unsafe debt'
The coronavirus pandemic will likely force several businesses to default on their borrowings, even though the central bank has allowed ......