stressed assets
Healthcare
SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid
State Bank of India and other creditors to Calyx Chemicals & Pharmaceuticals Ltd will get less than 5% of their ......
Healthcare
Parabolic Drugs set to chart recovery path as lenders approve takeover bid
Debt-laden Parabolic Drugs Ltd is headed on the road to recovery after its lenders gave their stamp of approval to ......
Finance
Boutique financial firm SC Lowy to deepen stressed asset play in India
SC Lowy, Hong Kong-based privately-owned global banking group specialising in credit market and debt asset class, has plans to deepen ......
Infrastructure
Despite Hinduja interest, Jet Airways' hopes of a revival still look slim
Grounded for more than a month, Jet Airways spotted a glimmer of hope on Tuesday when the Hinduja Group said ......
Healthcare
Two drugmakers in race for Orchid Pharma as revival hopes brighten
Orchid Pharma Ltd has attracted takeover interest from three suitors, including two drugmakers, re-igniting hopes for a revival of the ......
Finance
ARCIL looks to beef up war chest for acquiring stressed assets
Asset Reconstruction Company (India) Ltd (ARCIL) plans to raise at least Rs 1,000 crore ($142 million) in the current financial ......
Infrastructure
NCLT clears JNPT's plan to acquire Dighi Port, rejects Adani plea
A bankruptcy court has approved a resolution plan by government-owned Jawaharlal Nehru Port Trust (JNPT) to buy debt-laden Dighi Port ......
Finance
Sterling Biotech faces liquidation; lenders, promoters may challenge NCLT ruling
In a setback for the lenders of Sterling Biotech, the Mumbai bench of the National Company Law Tribunal (NCLT) has ......
Infrastructure
Tribeca, developer behind Trump Towers in India, eyes stressed real estate projects
Real estate player Tribeca Developers, known for bringing businessman and US President Donald Trump’s real estate brand The Trump Organisation ......
Finance
Nirmal Gangwal's Brescon takes second shot at stressed assets biz
Debt restructuring and turnaround advisory firm Brescon Corporate Advisors is gearing up to raise its first special situations fund, three ......
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