Lenders had divided the company's assets into three clusters - the company's stakes in insurance ventures, textile businesses and other res...

Indusind International Holdings Ltd (IIHL), a Hinduja Group company, submitted a detailed resolution plan early this week, which was tabled...

ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors and policy parlours.

Zee Entertainment Enterprises Ltd. has started settlement talks with its creditors to repay debts and remove the last hurdle in completing ...

Yes Bank agreed to sell 480 billion rupees ($5.9 billion) of a bad loan portfolio last month to JC Flowers’ ARC, a move Kumar said will hel...

Eight Capital, a Ravi Chachra-owned fund that invests in distressed assets, has already sold 22% in the ARC to the US private equity firm f...

Cerberus Capital lost out to global private equity fund J.C. Flowers & Co as an anchor bidder for Yes Bank's stressed portfolio as it did n...

"The bank has signed a binding term sheet with JC ARC LLC and JC Flowers Asset Reconstruction Private Ltd for strategic partnership in rela...

The bank said that as informed earlier, it had initiated a process for partner selection for an ARC vide calling a public expression of int...

JC Flowers & Co is set to take control of the road, metro and hydroelectric projects of Soma Enterprise, multiple people said, after most o...

P R Jindal unit raises Rs 500 crore from Edelweiss managed fund, ECL at 25% IRR for 5 years to acquire distressed steel company.

Hinduja Group is partnering with Cerberus Capital Management LP to pick up a stake in the bank.

Industry executives said nearly half-a-dozen investors may be part of consortium and deal likely in two stages.

India is the only country where Flowers is seeking opportunities outside the finserv space.

"It's the right time to enter, because we are at the beginning of a rapidly increasing market, a high level of activity and in terms of the...

The New York-based JC Flowers & Co and Ambit will hold 47.5% each in Ambit Flowers Asset Reconstruction.

Japan's Shinsei Bank announced that it had agreed to buy US giant GE's Japanese consumer finance arm for $5.4 bn in a major push into the t...