Beena Parmar

Consumer

10 February, 2022

Zomato narrows losses with one-time gain, revenues jump 82%

Ant Group-backed food aggregator platform Zomato Ltd has sharply narrowed its consolidated losses to Rs 67.2 crore in the third ......

People

09 February, 2022

IIFL AMC ropes in Clix Capital's Aakash Desai to head private credit vertical

Fairfax-backed IIFL Wealth and Asset Management announced the appointment of Aakash Desai as the Head of Private Credit for its ......

People

08 February, 2022

Omidyar Network India chief Roopa Kudva joins the board of Global Impact Investing Network

US-based Global Impact Investing Network (GIIN) has announced the appointment of its newest Board member Roopa Kudva, Managing Partner at ......

Finance

07 February, 2022

Apollo leads $267 mn in non-bank lender Hero FinCorp

Hero FinCorp has raised Rs 2,000 crore ($267 million) growth capital from US-based private equity major Apollo Management, its parent ......

People

07 February, 2022

Avendus Capital appoints former ICICI Securities exec to lead equity markets

Homegrown financial services firm Avendus Capital has announced the appointment of Gaurav Sood to lead its foray into Equity Capital ......

Premium

Finance

07 February, 2022

No better time to be an entrepreneur: Bharat Innovation Fund co-founder

The recent boom in the startups ecosystem and increase in access to capital has witnessed a rise in new entrepreneurs ......

Economy

01 February, 2022

Govt announces 'thematic funds' in sunrise sectors of climate, agri, deeptech

The Finance Minister has proposed the setting up of blended capital thematic funds in the 'sunrise' sectors of climate action, agriculture ......

Finance

31 January, 2022

Over 18,600 stressed assets worth Rs 5.9 lakh cr resolved before bankruptcy admission: Economic Survey

At least 18,629 applications of distressed companies with debt worth over Rs 5.89 lakh crore (trillion) which filed for bankruptcy ......

Premium

Finance

31 January, 2022

Distressed asset specialist Brescon in talks with investors to raise $250 mn fund

Debt restructuring and turnaround specialist firm Brescon & Allied Partners LLP (Brescon) is in early talks with domestic and global investors ......

Finance

28 January, 2022

Bad bank starts operations, banks to transfer $6.6 bn NPAs by March

National Asset Reconstruction Company Ltd (NARCL), a government created entity to tackle bad loan problem in India, is set to ......