stressed assets
Finance
How India's most vulnerable companies can worsen the debt woes
India Inc.’s battle with high debt levels could potentially get tougher in coming years as companies that owe almost Rs ......
Finance
PE-backed lender Altico Capital defaults on debt; chairperson quits
Altico Capital India Ltd, a non-banking financial company that focuses on the real estate sector, has defaulted on its debt ......
Healthcare
UAE-based billionaire's big India hospital deal hits new hurdle
Billionaire BR Shetty’s year-long wait to take over two hospitals in Mumbai and Visakhapatnam that would have doubled his India ......
Healthcare
NCLAT sets aside Sterling Biotech liquidation, allows lenders to drop insolvency case
The National Company Law Appellate Tribunal (NCLAT) has set aside a lower court’s order to liquidate Sterling Biotech Ltd and ......
Manufacturing
Former Mittal Steel exec's Nithia Capital sets sights on stressed steel assets
Nithia Capital Resources Advisors LLP, a London-based alternative investment manager and advisory firm, aims to acquire four to five steel ......
Finance
Why liquidation framework remains inadequate despite policy push?
Despite recent changes aimed at improving the liquidation process for bankrupt firms, the dissolution framework does not squeeze optimum value ......
Finance
JM Financial set to float distressed assets funds
Mumbai-based JM Financial Ltd has revived a plan to invest in stressed assets through separate investment vehicles but has tweaked ......
Finance
Shardul Shroff on the IBC's ‘tortuous process' and the dangers of oligopoly
India’s three-year-old bankruptcy law still needs to be fine-tuned to attract financial investors and to prevent the concentration of businesses ......
Finance
KKR appoints chief for upcoming India ARC
Private equity giant KKR & Co. has hired a chief for its Indian asset reconstruction company that is awaiting regulatory ......
Finance
AION Capital, IARC execs on stressed asset opportunities and main hurdles
The Insolvency and Bankruptcy Code (IBC) may have opened a window for investors to buy distressed companies, but many private ......