stressed assets
Finance
Vasan Healthcare's bidders get extension to complete insolvency process
A higher appellate - The National Company Law Appellate Tribunal (NCLAT) – has granted debt-ridden Vasan Healthcare Pvt....
Finance
Singapore's Broad Peak, Brescon partner for $300 mn special situation investment in India
Singapore-based Broad Peak Investment Advisors Pvt Ltd (Broad Peak) has entered into a strategic partnership with Brescon &...
Finance
RBI committee suggests ARCs be allowed as resolution applicants with AIFs
Asset Reconstruction Companies (ARCs) will now be allowed to participate as resolution applicants in the bankruptcy and insolvency...
Manufacturing
Former Sequoia Capital-backed glassmaker enters bankruptcy
Formerly backed by Sequoia Capital, glassmaker Hindusthan National Glass & Industries Limited (HNG) has entered bankruptcy...
Consumer
Ares SSG's ARC arm, Edelweiss, others bid for bankrupt Sintex Industries
Ares SSG Capital-backed Assets Care & Reconstruction Enterprise Ltd (ACRE), Varde Capital-backed Aditya Birla Asset Reconstruction...
TMT
Mumbai-based mobile wallet firm becomes second fintech to go insolvent
At a time when the fintech sector is flush with funds, and firms like Paytm, PhonePe and Mobikwik are in ......
Finance
9Unicorns-backed LegalPay bails out hospital firm under IBC with interim finance
9Unicorns-backed tech-based litigation financing start-up LegalPay on Thursday said it is offering interim finance toYashomati...
Finance
Cerberus, Oaktree, JC Flowers in race to buy stake in Yes Bank's proposed ARC
Three US-based entities including private equity (PE) fund Cerberus Capital Management, New York-based investor JC Flowers &...
Finance
After DHFL, central bank set to drag Srei group's two financial arms to bankruptcy
After Dewan Housing Finance Corporation Ltd (DHFL), the Indian banking regulator is set to push two other non-bank lenders - ......
Manufacturing
PE-backed personal care and speciality chemical maker enters bankruptcy
Fairwinds Private Equity-backed personal care products and speciality chemicals manufacturer has entered bankruptcy as a National...
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