stressed assets

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Manufacturing

31 December, 2019

Cochin Shipyard set to take over ICICI Venture-backed shipbuilder

State-run Cochin Shipyard Ltd has emerged as the preferred buyer for a debt-laden shipbuilder that counts ICICI Venture as its ......

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Healthcare

26 December, 2019

SevenHills Hospitals back on the market after deal with UAE billionaire falls apart

SevenHills Hospitals Pvt. Ltd has again become available for sale with its creditors starting a new search for a buyer ......

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Finance

26 December, 2019

Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage

Blackstone Group Inc., Warburg Pincus and several other private equity firms in India sniffed investment opportunities this year across debt-laden ......

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Finance

24 December, 2019

Flashback 2019: Stressed assets remain in focus on rising bankruptcies, new challenges

When everything else fails, pray. At least that’s what State Bank of India chairman Rajnish Kumar seems to believe. “Every morning ......

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Finance

19 December, 2019

Fund Scan: How Apollo-ICICI's AION Capital is navigating through ‘stressful' times

Of all the mighty Greek gods, Apollo is by far the most popular. But few would have heard of Aion. Apollo, ......

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Manufacturing

17 December, 2019

Everstone, TVS Capital-backed wind turbine firm in the NCLT dock

A Chennai-based wind turbine firm backed by Everstone Capital, TVS Capital and MCap Advisors has been admitted to the insolvency ......

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Manufacturing

16 December, 2019

JSW Steel inches closer to acquiring another bankrupt firm

Billionaire Sajjan Jindal-led JSW Steel Ltd has moved one step closer to becoming the largest steelmaker in the country as ......

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Finance

09 December, 2019

How RBI's new norms for ARCs may affect the bad-loan market

The Reserve Bank of India’s tightening of norms for asset reconstruction companies (ARCs) to buy bad loans may lead to ......

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Consumer

05 December, 2019

Bankers block Haldiram's big-ticket entry into dairy business yet again

Haldiram Snacks Pvt. Ltd’s attempt to acquire a debt-laden dairy company hasn’t made any headway with lenders to the bankrupt ......

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Finance

11 November, 2019

IL&FS gets one offer for back-office arm, seeks more bids

Infrastructure Leasing & Financial Services Ltd (IL&FS) has received one offer for its stake in a back-office services unit but ......