stressed assets
Infrastructure
Can lenders pull back Jet Airways from the brink of collapse?
Once India's biggest private air carrier, Jet Airways, which grounded operations on Wednesday, can now only depend on investors to ......
Infrastructure
Jet Airways timeline: How the airline that once dominated Indian skies collapsed
Beleaguered carrier Jet Airways halted all operations on Wednesday after its lenders rejected its plea for emergency funding from the ......
Manufacturing
Ballarpur Industries unit dragged to bankruptcy court for second time
Kotak Mahindra Bank has dragged BILT Graphic Paper Products Ltd to the bankruptcy court after the unit of Avantha group-promoted ......
Finance
Jet Airways suspends operations as lenders reject funding request
Jet Airways (India) Ltd said on Wednesday it will suspend operations after lenders rejected its request to grant emergency funding ......
Finance
UV ARC set to float maiden distressed assets fund
UV Asset Reconstruction Company Ltd (UV ARC) is planning to float its debut fund for buying distressed assets, a person ......
Consumer
Fugitive diamantaire Mehul Choksi's Gitanjali Gems heads for liquidation
Absconding diamantaire Mehul Choksi-promoted Gitanjali Gems Ltd is headed for liquidation after a majority of its lenders decided not to ......
General
Stressed assets this week: Essar Steel, Jet Airways and Sterling SEZ in focus
The Insolvency and Bankruptcy Code, instituted in 2016 to tackle the bad loans weighing down on India’s banking system, has ......
Healthcare
Exclusive: Sole bidder emerges for bankrupt pharma firm Parabolic Drugs
Parabolic Drugs Ltd, a listed bulk drugs manufacturer which is currently undergoing insolvency proceedings, has received a takeover offer from ......
Infrastructure
Jet Airways downfall: How one of India's most well-known brands collapsed
In early January, Jet Airways and its main lender, State Bank of India, met with aircraft lessors to assure them ......
Infrastructure
Adani seals buyout of stressed thermal power asset in big-ticket deal
Adani Power Ltd has sealed the buyout of a thermal power producer more than four years after first announcing an ......