stressed assets
Finance
Incentivise local capital to take risks in stressed space: Brescon managing partner
Mumbai-based Brescon & Allied Partners LLP, which had aborted renewed efforts to start a fund, aims to facilitate distressed deals ......
Infrastructure
Lanco Group's third arm to be dissolved through liquidation
Hyderabad-based Lanco Group’s third subsidiary which runs a thermal power plant has been ordered for liquidation by the bankruptcy tribunal. Lanco ......
TMT
Legal hurdles could bedevil lenders efforts aimed at fresh bidding for RCom's telecom biz
Lenders to Reliance Communications Ltd (RCom) are considering restarting the bidding process for the company's telecom business, which may create ......
Infrastructure
US investor Silver Point closes in on Gammon India unit after dropping plans for another
US-based Silver Point Capital is likely to acquire a road firm of Gammon India months after backing out of a ......
Finance
Stressed Assets Wrap: Big case resolutions gather steam
The last two months witnessed the resolution of some marquee stressed assets as well as many small ticket recoveries being ......
Infrastructure
Jet Airways lenders to take 9.5% stake, massive haircut
The final winning bidder consortium of Dubai-based businessman Murari Lal Jalan and German investor Florian Fritsch will acquire embattled Jet ......
Consumer
Being Human's former business partner gets acquired under bankruptcy process
GB Global Ltd, ex-partner of actor Salman Khan’s apparel brand Being Human and formerly known as Mandhana Industries Ltd (MIL), ......
Infrastructure
Gammon India Group's stressed bridge attracts only 3 bids as several drop out of race
Of the 11 suitors for a stressed subsidiary of Gammon India Group, only three infrastructure firms have submitted final bids ......
Manufacturing
Lenders okay JC Flowers ARC's bumped-up purchase plan for stressed pipemaker
Lenders led by government-owned Canara Bank have okayed JC Flowers Asset Reconstruction Company’s bumped-up acquisition plan for a Hyderabad-based stressed ......
Infrastructure
Jaypee Infratech's lenders choose Suraksha over NBCC as winning bidder
Real estate major Suraksha Group has defeated state-owned NBCC (India) Ltd by a narrow margin in the vote held by ......
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