stressed assets
Finance
How bad loan buyer IARC performed in first year under new owner Blackstone
International Asset Reconstruction Co. Pvt. Ltd (IARC) resumed making bad-loan bets in its first year of operations under new majority ......
Finance
Blackstone to pump more funds into asset reconstruction arm IARC: Kishore Moorjani
International Asset Reconstruction Company Pvt. Ltd (IARC), which began operations in 2007, has been a slow starter in India’s asset ......
Finance
Bankruptcy boom: India added three insolvency professionals and four valuers a day
India’s three-year-old bankruptcy law has not only opened a fast-track path for creditors to recover their debts from defaulters but ......
Manufacturing
Steelmaker becomes first distressed firm to recast debt under same management
A Chhattisgarh-based iron and steel products maker has become the first distressed company to restructure its debt under the same ......
Finance
These three sectors account for nearly three-fourths of bankruptcy cases
Ever since India implemented a new bankruptcy law in 2016, creditors have been quick to drag defaulters to various courts ......
Finance
An Indian firm enters bankruptcy every four hours, but that's not the only worrying trend
The number of companies dragged into bankruptcy courts jumped over the last two quarters, as creditors pressed the pedal to ......
Consumer
Another VC-backed company faces bankruptcy
Venture capital-backed companies rarely get entangled in the crosshairs of bankruptcy courts. As startups generally don’t take on bank loans, ......
Manufacturing
Kotak's stressed assets fund inks debut deal
The distressed assets fund of Kotak Investment Advisors has marked its debut deal, an executive told VCCircle, with a transaction ......
Finance
Bain-Piramal fund's senior exec goes back to entrepreneurship
A senior executive at India Resurgence Fund, the distressed assets buyout platform of Piramal Enterprises Ltd and Bain Capital Credit, ......
Finance
Bain-Piramal ARC seals second distressed debt deal
The asset reconstruction joint venture of Piramal Enterprises Ltd and Bain Capital Credit has bought a portfolio of loans from ......
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