stressed assets
Finance
Centrum-backed steel firm ropes in foreign investor to buy out debt purchasers
A steel firm backed by Centrum Group’s microlender Altura and Anand Rathi Group’s NBFC arm has roped in a foreign ......
Finance
This might be a record year as bankruptcies go through the roof: Dhruva Advisors partner
The number of bankruptcies this year could be at least four to five times that of last year owing to ......
Infrastructure
Jet revival prospects worsen as coronavirus prompts suitor to reconsider boarding carrier
Revival prospects for Jet Airways have worsened exactly a year after the carrier operated its last flight as coronavirus has ......
Infrastructure
SARE Homes' former managing director sets up interim management firm
Former managing director of SARE Homes has set up an interim management company after heading the Duet Group-promoted real estate ......
Finance
Arcil halts bad-loan purchases, focuses on recovery amid coronavirus lockdown
Asset Reconstruction Company (India) Ltd, or Arcil, has decided not to acquire any soured debt during the current quarter and ......
Finance
Stressed assets on pause for now but coronavirus aftermath poses shakeout risks
Even as the entire stressed asset ecosystem is almost on pause in the pandemic, both buyers and sellers are bracing ......
Finance
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 ......
Manufacturing
Madhusudan dairy group unit snaps up steel plant from bankrupt firm
A company that’s part of the group best known for its Madhusudan brand of dairy products has acquired a steel ......
Manufacturing
JSW's Sajjan Jindal eyes another stressed assets target, set to buy steel firm
Billionaire Sajjan Jindal-owned JSW Projects Ltd is close to sealing a deal for a majority stake in a distressed steelmaker, ......
People
Blackstone's India bad loan arm plans to expand leadership team
Global private equity giant Blackstone plans to grow the leadership team at its asset reconstruction arm in India, a top ......
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