IKS in talks for $675 mln loan to fund TruBridge acquisitionInventurus Knowledge Solutions, a Mumbai firm, is nearing a deal to acquire TruBridge. The company is arranging a substantial offshore loan...
17 Apr, 2026, 01.56 AM IST
Banks to seek RBI nod for parallel fraud probesBanks are seeking RBI approval for parallel internal investigations alongside law enforcement probes into borrower accounts. This aims to p...
10 Apr, 2026, 05.53 AM IST
TPG to buy NIIF Green Infra NBFC Aseem for Rs 4,000 crUS buyout group TPG, alongside ICICI Bank and GIC of Singapore, is set to acquire Aseem Infrastructure Finance Ltd for Rs 4,000 crore. This...
06 Apr, 2026, 05.30 AM IST
SBI-led secured lenders move SC for claims from Rs 5,100 crore deposited by Sterling BiotechBanks have approached the Supreme Court to release Rs 5,100 crore. This amount is part of a settlement for Sterling Biotech Ltd. and its gr...
18 Mar, 2026, 06.11 PM IST
US lenders’ consortium files lawsuit against Byju’s founder, othersMembers of a lending consortium have sued Byju Raveendran, his wife Divya Gokulnath, and Anita Kishore, alleging they misappropriated $533 ...
10 Apr, 2025, 02.48 PM IST
Jet Air bid winners approach SC with new payment planLawyers involved with the process said that they have approached the court to accept this new plan as the consortium is getting funding fro...
30 Jan, 2024, 12.54 AM IST
Jet Airways to cut some employees’ salaries by up to 50%, send staff on leave without payThe measures together impact approximately half the airline's current workforce of approximately 250. A chunk of the current staff is emplo...
18 Nov, 2022, 09.51 PM IST
Jalan-Kalrock to transfer Rs 130 crore rental earnings to Jet Airways' lendersHowever, the Jalan-Kalrock Consortium, which has won the bid to acquire the company under the Insolvency and Bankruptcy Code (IBC), cannot ...
30 Aug, 2022, 12.58 AM IST
GoldenTree exits Vi lenders’ consortium, remaining members may sign binding pactThe remaining members of the consortium, including Pacific Investment Management Co (PIMCO), Sixth Street, Twin Point Capital and Varde Par...
24 Feb, 2021, 09.40 AM IST
4 PE players set to infuse capital in YES Bank; announcement soonThe sources said the consortium leader may pick a 10 per cent stake in the bank.
15 Jul, 2019, 04.37 PM IST
Corporation Bank files insolvency pleas against Nirav Modi companiesLast year, soon after the scam came to light, Firestar Diamond had filed for bankruptcy in New York.
08 Jun, 2019, 10.04 AM IST
Darwin Platform Group, SBI Caps discuss unsolicited bid for Jet AirwaysLast week, the State Bank of India-led consortium of lenders to Jet Airways said it has received bids from Etihad Airways
15 May, 2019, 03.19 PM IST
Banks may sell Rs 4,000 crore GTL Infra loanSenior officials said that Union Bank has received mandate for all the member banks to jointly sell the loans of the company which will cou...
11 Apr, 2018, 08.58 AM IST
Dalmia consortium cements position to acquire BinaniLenders went with Dalmia-led consortium's bid as it fulfilled all conditions including an approval from the CCI for the acquisition of Bina...
08 Mar, 2018, 11.57 AM IST
GTL case: Mumbai court wants creditors to share proceeds of asset saleStandard Chartered Bank Mauritius has filed a winding-up suit against the Mumbai-headquartered telecom infrastructure company in the Bombay...
29 Jan, 2015, 05.11 AM IST
Varun Industries' lenders move closer to debt recovery, to get Rs 95 croreThe tribunal has asked the stainless steel exporting company and its promoters Kiran Mehta and Kailash Agarwal to pay the amount in two ins...
26 Dec, 2013, 06.05 PM IST
- Banks to decide soon on Kingfisher Airlines request for working capital
A consortium of lenders led by State Bank of India will soon take a call on providing the working capital to cash-strapped Kingfisher Airli...
22 Feb, 2012, 11.59 AM IST