stressed assets
Healthcare
Lenders of Piramal PE-backed bulk drugs maker take massive haircut in acquisition deal
Lenders of a bankrupt bulk drugs and chemicals maker backed by a Piramal Group promoted private equity fund are staring ......
Finance
Delhi based ARC raises most of targeted corpus for debut fund; invests in bankrupt power co
A New Delhi based asset reconstruction company (ARC) has raised the majority of targeted commitments for its debut fund from ......
Finance
All eyes on lenders' tough choice of DHFL suitor as bankruptcy law faces acid test
This Friday will see a critical test of the four-year bankruptcy law as lenders decide between a local and a ......
Manufacturing
TCG gets court nod to acquire bankrupt textile co
Purnendu Chatterjee led The Chatterjee Group (TCG) has received court approval to acquire a popular debt-ridden textile company under the ......
Infrastructure
JC Flowers ARC, Cantor Fitzgerald mop up debt of road developer at huge discount
JC Flowers Asset Reconstruction Company (JCFARC) has teamed up with New York headquartered financial services firm Cantor Fitzgerald to acquire ......
Finance
Flashback 2020: Virus manages to shoo away almost everyone from stressed assets
The distressed assets market was still going through teething problems from the four-year bankruptcy law when the Covid-19 pandemic struck ......
Finance
Ten more join long queue for assets of debt-laden Reliance Capital
US-based alternative asset manager Apollo Global Management Inc and SBI Life Insurance Company Ltd are among the new 10 bidders ......
Finance
Reliance Home Finance gets only two binding bids from six suitors
Of the six entities that are in fray for debt-laden Reliance Home Finance Ltd, only two have submitted binding bids, ......
Infrastructure
Ansal Properties raising fresh equity capital after avoiding bankruptcy
North India-based developer Ansal Properties and Infrastructure Ltd (Ansal API) said Friday it has approved a plan to raise Rs ......
Finance
PE-backed ARC among bidders for Anil Ambani's home finance arm
Four asset reconstruction companies (ARCs) and a non-banking finance company have submitted bids for Reliance Group’s (formerly Anil Dhirubhai Ambani ......