bankruptcy
Consumer
Nandan Nilekani-funded ShopX files for bankruptcy
Bengaluru-based ShopX has decided to ‘wind down its operations’ and has filed an application for insolvency and ......
Finance
9Unicorns -backed Legalpay marks first exit from insolvency financing
Venture capital-backed litigation financing startup, Legalpay has made its first successful exit in less than a year of providing...
Finance
Future Group shares plummet after Reliance calls off $3.4 bn deal
Shares of Future Group companies have fallen sharply, some as much as 20%, after oil-to-telecom conglomerate Reliance called off...
Manufacturing
Nithia Capital acquires stressed steel firm for $80 mn
UK-based advisor and distressed steel investor Nithia Capital announced it has completed the acquisition of Crest Steel and Power...
Finance
Brookfield, Multiples, Adani, Blackstone arm among 55 interested bidders for Reliance Capital
Brookfield, Ares SSG Capital, Edelweiss, Blackstone’s asset reconstruction arm, Multiples private equity, JC Flowers and...
Manufacturing
Reliance, Ares SSG-backed unit win bid for stressed Sintex Industries
Mukesh Ambani-owned Reliance Industries (RIL) has partnered with Ares SSG Capital-backed Assets Care & Reconstruction Enterprise...
Finance
KKR, Blackstone, Piramal among 14 entities show interest to buy stressed Reliance Cap: report
Global private equity major KKR, Apollo Global, Blackstone, Brookfield and JC Flowers are among the 14 entities that have expressed...
Finance
Over 18,600 stressed assets worth Rs 5.9 lakh cr resolved before bankruptcy admission: Economic Survey
At least 18,629 applications of distressed companies with debt worth over Rs 5.89 lakh crore (trillion) which filed for bankruptcy...
Consumer
Fresh bids for Videocon Industries by Feb 2 after Vedanta Group's bid rejected
State Bank of India (SBI)-led consortium of lenders of have invited fresh expressions of interest (EoIs) for debt-ridden Videocon...
Finance
9Unicorns-backed LegalPay launches healthcare-focused fund for retail investors
9Unicorns-backed tech-based litigation financing start-up LegalPay has launched a Special Purpose Vehicle (SPV) and healthcare-focused...
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