stressed assets

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Finance

16 September, 2019

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 ......

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Finance

12 September, 2019

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 ......

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Healthcare

12 September, 2019

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 ......

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Healthcare

29 August, 2019

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 ......

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Manufacturing

27 August, 2019

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 ......

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Finance

23 August, 2019

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 ......

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Finance

20 August, 2019

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 ......

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Finance

13 August, 2019

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 ......

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Finance

13 August, 2019

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 ......

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Finance

12 August, 2019

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 ......