stressed assets
Manufacturing
Ruchi Soya lenders approve Patanjali Ayurved's revised takeover offer
Lenders to Ruchi Soya Industries Ltd have approved a revised offer by Patanjali Ayurved Ltd, the consumer goods company backed ......
Manufacturing
ABG Shipyard heads to junkyard as NCLT orders liquidation
A bankruptcy court has ordered liquidation of debt-laden ABG Shipyard Ltd after lenders rejected an offer by the sole bidder ......
Finance
RCom opts to resume insolvency process, withdraws plea against NCLT order
Anil Ambani-led Reliance Communications Ltd (RCom) on Tuesday withdrew its petition challenging an order of the National Company Law Tribunal ......
Infrastructure
IL&FS arm starts process to sell road project in China
A step-down unit of Infrastructure Leasing & Financial Services Ltd (IL&FS) has started a process to sell its 49% stake ......
General
Stressed assets this week: Essar Steel case drags on; Jet may fly to NCLT
Developments in the stressed assets’ space have picked up pace, with large assets seeing changes at various levels, according to ......
Manufacturing
Essar Steel lenders dig in their heels against StanChart, operational creditors
Essar Steel India Ltd’s Committee of Creditors (CoC) is sticking to its stand on how to distribute the capital ArcelorMittal ......
Manufacturing
CarVal Investors, Arcil get lenders' approval to buy two Uttam Galva units
A consortium of US-based distressed assets investor CarVal Investors and Asset Reconstruction Company of India Ltd (Arcil) has moved a ......
Consumer
SEBI asks Hotel Leelaventure to keep Brookfield deal on hold
The Securities and Exchange Board of India has asked Hotel Leelaventure Ltd to not act upon its deal with Canadian ......
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 ......
Infrastructure
Why bankruptcy court looks set to be Jet Airways' next destination
Arvind Gupta is one of Jet Airways’ 1.4 lakh shareholders. He says he wrote the obituary for India’s oldest private ......
