The Insolvency & Bankruptcy Code, 2016 makes promising claims of boosting M&A activity by making sale of NPAs a more transparent and time-bound procedure. “An Act to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons, partnership

That M&A is on the rise in India has spilled all over the news. It is the most talked about subject where businesses are concerned and is gaining much pace in terms of stakeholders actively trying to gather more intel on M&As.

Yesterday, Press Trust of India (PTI) reported on JSW’s interest in acquiring distressed alloy units to further its expansion plans. It is plain that JSW is looking to capitalize on the stress in the sector, moving towards consolidation of the industry –

As CNBC TV 18 reported Vedanta joining the race to buy Bhushan Steel, the company’s stocks on Thursday vaulted and closed 7.48% higher at INR 56.75 level on the BSE.  The stock reached highest 9.28% to INR 58 level on the day.

Everything was new once and all innovations were deemed revolutionary. Today, newer innovations are being sought after every day, technologies, trade practices and marketing styles are improving & innovating and businesses as well as consumers are aware of the shift in trade

By now, consolidation in various industries is being zeroed in on as the driver of M&As in India. In the past calendar year, bettering the previous best of USD 67 billion (in 2007) the deal value in India rose to USD 72.4

As we write and speak of steel slowdown, protection measures for the steel industry and of consolidations, Mergers & Acquisitions to cut losses, the GOI has announced strategic divestment of 3 steel plants of the Maharatna PSU SAIL. The government has approved

In a latest development in the energy sector, Brookfield Asset Management, the world’s second biggest alternative assets manager, is in talks with lenders of debt-laden Jaiprakash Power Ventures to acquire the firm’s three power plants, two people with direct knowledge of the development said,

As concerns over deteriorating asset quality loom, lenders have begun approaching debt-recovery courts to recover a part of their estimated credit exposure of INR 173 billion to Mumbai-based Topworth. With this, India adds another to its bad loans count. As per a report

In the recent instance of selling distressed units, Monnet Ispat is up for grabs. A consortium led by State Bank of India (SBI), sources said, has taken over the debt-ridden company and is looking for a buyer as part of the strategic