stressed assets
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 ......
Manufacturing
Mahindra unit SsangYong files for court receivership after loan default
South Korea's SsangYong Motor Co Ltd filed for court receivership on Monday after it defaulted on loan repayment of about ......
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 ......
Manufacturing
UK's Liberty House acquires second firm under insolvency law
UK-based Liberty House Group has completed its second acquisition under the bankruptcy process with the purchase of an Andhra Pradesh-based ......
Manufacturing
Vedanta Group gets bankers' nod to buy 13 Videocon companies
Billionaire businessman Anil Agarwal's family firm got bankers’ approval on Wednesday to acquire 13 companies of insolvent consumer appliances maker ......
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 ......
Finance
SEBI clears new shareholding norms for companies in bankruptcy
The Securities and Exchange Board of India finalised new norms Wednesday for companies that find a new owner after going ......
Manufacturing
JM Financial ARC, US firm invest $28 mn in textile company
Homegrown financial services firm JM Financial Ltd’s asset reconstruction arm and a San Francisco, US-based investment firm are picking up ......