stressed assets

Premium

Infrastructure

07 November, 2022

Värde Partners draws up $1 bn India investment plan

US alternative investment firm Värde Partners plans to invest as much as $1 billion to grow its portfolio in India ......

Premium

Finance

01 September, 2022

The bad news about the market for bad loans

In 2017, when the Insolvency and Bankruptcy Code (IBC) was passed, he was among many investors who saw a golden ......

Premium

Finance

29 July, 2022

Varde, Arena among 3 in race for stressed Srei group firms

Arena Investors and Varde Partners are among the three resolution applicants shortlisted to buy out stressed Srei Group companies, including ......

Premium

Finance

09 June, 2022

Bain's Special Situations Fund to pivot from distressed to growth

Bain Capital’s $2 billion special situations Asia fund (SSA) II will restratergize India plans moving away from distressed asset investments ......

Premium

Finance

31 January, 2022

Distressed asset specialist Brescon in talks with investors to raise $250 mn fund

Debt restructuring and turnaround specialist firm Brescon & Allied Partners LLP (Brescon) is in early talks with domestic and global investors ......

Premium

Finance

30 December, 2021

Distressed deals soar in 2021; Bad bank, IBC measures raise hopes for 2022

Calendar year 2021 opened doors for larger deals in the distressed assets space in 2022 following a year of some ......

Premium

Finance

02 December, 2021

SBI puts Rs 4,000 cr loan exposure in KSK Mahanadi up for sale

State Bank of India, the country’s largest public sector lender, has put loans worth Rs 4101.87 crore ($547 million) in ......

Premium

Finance

29 November, 2021

Distressed steel investor Nithia Capital set to buy North-based steel firm for Rs 316 cr

A UK-based distressed steel investor consortium, led by Nithia Capital Resources LLP (Nithia), has received approval from an insolvency tribunal ......

Premium

Manufacturing

27 October, 2021

Former Sequoia Capital-backed glassmaker enters bankruptcy

Formerly backed by Sequoia Capital, glassmaker Hindusthan National Glass & Industries Limited (HNG) has entered bankruptcy on a plea by ......

Premium

TMT

22 October, 2021

Mumbai-based mobile wallet firm becomes second fintech to go insolvent

At a time when the fintech sector is flush with funds, and firms like Paytm, PhonePe and Mobikwik are in ......