Bloomberg Chinese conglomerate HNA Group faces rising bond maturities this year even if it’s able to navigate current difficulties in repaying debt to banks. HNA is under mounting pressure as several banks are said to have frozen some unused credit lines to its units after missed payments. That follows a $40-billion-plus buying spree that saw the conglomerate emerge from obscurity ...

Bloomberg JSW Steel Ltd., India’s biggest producer, is interested in snapping up two struggling rivals, Bhushan Steel Ltd. and Monnet Ispat & Energy Ltd., as part of an industry-wide wave of consolidation sparked by a new bankruptcy law designed to clear-out distressed assets. The Mumbai-based company will partner with Japan’s JFE Holdings Inc., which holds a 15 percent stake in ...

Bloomberg India is still open to Tesla Inc. setting up operations in the country, even though the electric-car maker has chosen China for its first car assembly plant overseas. “If they are coming, if they are ready to come, we will welcome, we are ready to offer them land and all type of help,” Transport Minister Nitin Gadkari said. “Presently ...