Beena Parmar
Finance
Stressed assets wrap: Resolutions nosedive; withdrawals and admitted cases soar in Aug
Three large deals stole the news, with one Jayaswal Neco Industries witnessing closure while two big resolution plans – Jet ......
Finance
DMI Finance-backed ARC to launch $27 mn maiden distressed asset fund
Non-bank lender DMI Finance-backed Alchemist Asset Reconstruction Company (ARC) Pvt Ltd has planned to launch its maiden alternative investment fund ......
Finance
AION Capital-backed Clix Capital shifts business strategy post pandemic
Private equity (PE) firm AION Capital-backed Clix Capital has changed its business model to work leaner with more granular and ......
Manufacturing
Ares SSG arm, four other investors acquire 100% debt of Jayaswal Neco
More than two years after the initial agreement was signed, global asset managers Bank of America, Davidson Kempner Capital Management, ......
Manufacturing
Edelweiss Fund invests $70 mn in Jindal group firm
Edelweiss Special Opportunities Fund III has invested Rs 500 crore ($70mn) in one of the promoter holding entities of Jindal ......
Infrastructure
Dubai-based fund by former ArcelorMittal exec mulls India infra investment vehicle
Dubai-based private equity fund Synergy Capital Corp LLP, set up by a former executive of steelmaker ArcelorMittal, is mulling a ......
Finance
Suryoday Small Finance Bank produces 7% return on paper for TVS Capital's five-year bet
Suryoday Small Finance Bank has handed 6-7% annualised return on paper to TVS Capital going by the price at which ......
Finance
Kedaara sees 70% return on paper from six-year bet on Aavas Financiers
Aavas Financiers Ltd has given 70% annualised return on paper to the six-year investment of Kedaara Capital, going by today's ......
Finance
Prudent ARC set to raise fresh capital for its AIF
New Delhi-based Prudent ARC Ltd is set to raise around Rs 450 crore (about $60.5 million) in the second scheme ......
Manufacturing
Mid-sized and smaller distressed steel assets likely to see indirect PE interest
Given a competitive pricing advantage and strong steel demand, several mid-sized and smaller distressed steel assets could be snapped up ......