Beena Parmar

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Finance

03 September, 2021

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 ......

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Finance

02 September, 2021

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 ......

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Finance

30 August, 2021

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 ......

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Manufacturing

27 August, 2021

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, ......

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Manufacturing

27 August, 2021

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 ......

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Infrastructure

23 August, 2021

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 ......

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Finance

20 August, 2021

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 ......

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Finance

18 August, 2021

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 ......

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Finance

17 August, 2021

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 ......

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Manufacturing

16 August, 2021

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 ......