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Edelweiss Alternatives bets on Indian socks maker

Manufacturing

30 August, 2024

Edelweiss Alternatives bets on Indian socks maker

Edelweiss Alternatives Asset Advisors, which manages over $6.6 billion in assets, has offered private credit to a textile manufacturer to ......

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Jupiter India-backed Himatsingka Seide snags cheque from offshore investor

Manufacturing

29 March, 2023

Jupiter India-backed Himatsingka Seide snags cheque from offshore investor

Listed home textile manufacturing company Himatsingka Seide Ltd, which designs, develops, manufactures and distributes a range of textile products is ......

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Being Human's former business partner gets acquired under bankruptcy process

Consumer

30 June, 2021

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), ......

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KKR-backed stressed textile firm avoids bankruptcy as tribunal tosses lender plea

Manufacturing

04 May, 2021

KKR-backed stressed textile firm avoids bankruptcy as tribunal tosses lender plea

A tribunal has rejected a plea of government-owned Bank of Baroda (BoB) to initiate bankruptcy against a Mumbai textile company ......

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Kotak group ARC to walk away from bankrupt textile firm

Consumer

01 April, 2021

Kotak group ARC to walk away from bankrupt textile firm

Kotak Mahindra Group’s asset reconstruction arm is set to exit a Mumbai-based bankrupt textile firm, a person told VCCircle. Phoenix ARC's ......

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TCG gets court nod to acquire bankrupt textile co

Manufacturing

06 January, 2021

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 ......

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Omkara ARC seals another stressed assets deal

Consumer

30 July, 2020

Omkara ARC seals another stressed assets deal

Omkara Assets Reconstruction Pvt. Ltd has closed a debt deal down south in another stressed assets transaction signed in the ......