Beena Parmar

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Finance

13 August, 2021

BlackRock managing director on India's 'handle with care' stressed assets market

The Indian stressed assets market needs to sharpen focus on the long term credit ecosystem, bring more local experts to ......

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Manufacturing

12 August, 2021

Omkara Assets Reconstruction's bid for Odisha steel maker gets greenlight

The bankruptcy tribunal has okayed Omkara Assets Reconstruction Pvt Ltd’s bid to acquire Jagannath Sponge Private Ltd in a deal ......

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TMT

10 August, 2021

Why investors have been unable to rescue India's large telecom companies?

India's third-largest telecom services provider, Vi (formerly Vodafone Idea), has become yet another example of investor ennui that has cost ......

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Finance

09 August, 2021

UVARCL picks up 15% debt of engineering services firm from SBI

UV Asset Reconstruction Company Ltd (UVARCL) has bought about 15% debt of a stressed construction and engineering services firm, two ......

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TMT

05 August, 2021

GyanDhan, education loan marketplace and lender, to raise capital from investors

Education loans marketplace GyanDhan, which started operations as a lender a week ago, is set to raise $14-15 million (about ......

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Consumer

03 August, 2021

Yogi Ramdev turns up the charm for investors

Swami Ramdev practises yoga for at least five hours daily which is what keeps him going through the day when ......

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Finance

30 July, 2021

Stressed Assets Wrap: Bankruptcy resolutions continue to move at snail's pace in July

The sluggish pace of bankruptcy resolutions seen in May and June worsened in July even as several massive haircuts came ......

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Finance

28 July, 2021

Investors offer massive haircuts for LIC's $1 bn stressed loan accounts

At least five large investors including private equity players have bid very low to acquire stressed corporate loans worth about ......

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Manufacturing

26 July, 2021

Lenders take steep haircut on another steel asset under liquidation process

Lenders have taken a massive haircut on the sale of a Kolkata-based stressed iron and steel firm whose majority debt ......

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Finance

22 July, 2021

NCLTs lash out at insolvency resolution professionals over steep haircuts

“Get better resolutions…reduce haircuts…will not approve the plans with low value offerings...”  These are some of the latest pronouncements heard at ......