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Awaited judgment on DHFL promoter will put bankruptcy law to test once again

Finance

08 June, 2021

Awaited judgment on DHFL promoter will put bankruptcy law to test once again

The top court’s verdict on the first financial services company facing bankruptcy, which is expected soon, will once again put ......

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Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?

Finance

26 May, 2021

Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?

The bankruptcy tribunal’s move last Thursday directing lenders of Dewan Housing Finance Corporation (DHFL) to consider a settlement proposal from ......

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Suraksha holds edge over NBCC in upcoming lenders vote on Jaypee Infratech winner

Infrastructure

21 May, 2021

Suraksha holds edge over NBCC in upcoming lenders vote on Jaypee Infratech winner

The long-drawn-out battle for bankrupt real estate developer Jaypee Infratech will likely come to an end next week as the ......

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Covid dents Edelweiss ARC's debt purchase by at least 40%

Finance

17 March, 2021

Covid dents Edelweiss ARC's debt purchase by at least 40%

Financial services major Edelweiss group’s asset reconstruction company is expected to see a dip in debt purchase and recoveries this ......

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Real-money gaming firms take a chance on growth despite legal ambiguity

TMT

10 September, 2020

Real-money gaming firms take a chance on growth despite legal ambiguity

The stay-at-home restrictions in the wake of the coronavirus pandemic have led to a surge in online gaming in India ......

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Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel

Manufacturing

16 July, 2019

Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel

A recent order of an appeals tribunal in a case involving the bankruptcy resolution of Essar Steel India Ltd has ......

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Stressed assets: RBI to revise bad loans norms; Jet Airways' lenders eye stake sale

General

05 April, 2019

Stressed assets: RBI to revise bad loans norms; Jet Airways' lenders eye stake sale

At a time when the country's banking system is saddled with a pile of over Rs 10 lakh crore worth ......

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What the SC order on stressed assets means for ARCs, PE funds, strategic buyers

Economy

04 April, 2019

What the SC order on stressed assets means for ARCs, PE funds, strategic buyers

The Supreme Court (SC) order quashing the central bank’s framework on bad loans may give more shopping time to investors, ......

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StanChart PE-backed Innoventive Industries challenges liquidation process

Manufacturing

16 October, 2017

StanChart PE-backed Innoventive Industries challenges liquidation process

Innoventive Industries Ltd, a Pune-based steel products maker that is undergoing bankruptcy proceedings, has approached the Mumbai bench of National ......

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Top court directs F1 to deposit $15.45 mn in dispute with lenders

General

28 August, 2017

Top court directs F1 to deposit $15.45 mn in dispute with lenders

The Supreme Court has directed Formula One World Championship Ltd to deposit $15.45 million (about Rs 100 crore) within four ......