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Beena Parmar

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Piramal to get funding from StanChart, Barclays Bank for DHFL buyout

Finance

14 June, 2021

Piramal to get funding from StanChart, Barclays Bank for DHFL buyout

Piramal Group is set to receive Rs 13,500 crore ($1.8 billion) in loans from two foreign lenders Barclays Bank and ......

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Apollo Global Management casts a wider net with credit deals, larger  buyouts

Finance

10 June, 2021

Apollo Global Management casts a wider net with credit deals, larger buyouts

More than a year after it disbanded its joint venture vehicle with ICICI Venture, Apollo Global Management is trying out ......

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How much did Advent make from Crompton Greaves Consumer Electricals

Consumer

10 June, 2021

How much did Advent make from Crompton Greaves Consumer Electricals

US private equity firm Advent International Corporation has made over 3.5x returns by exiting Crompton Greaves Consumer Electricals after five ......

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Lenders eye large accounts this year to arrest declining trend in recoveries

Finance

09 June, 2021

Lenders eye large accounts this year to arrest declining trend in recoveries

Recoveries made by financial creditors through the Insolvency and the Bankruptcy Code declined to a fourth in FY21 as compared ......

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Awaited judgment on DHFL promoter will put bankruptcy law to test once again

Finance

08 June, 2021

Awaited judgment on DHFL promoter will put bankruptcy law to test once again

The top court’s verdict on the first financial services company facing bankruptcy, which is expected soon, will once again put ......

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Edelweiss set to launch its third distressed fund by month end

Finance

03 June, 2021

Edelweiss set to launch its third distressed fund by month end

Edelweiss Group’s alternative assets investment arm is set to launch its third distressed fund by this month end to tap ......

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Caspian Impact Advisers to float fifth fund in third quarter

Finance

02 June, 2021

Caspian Impact Advisers to float fifth fund in third quarter

Impact investment firm Caspian Impact Investment Adviser Pvt. Ltd will launch its fifth fund later this year with a focus ......

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Maithan Alloys to buy Andhra plant in liquidation process, over 90% haircut for lenders

Manufacturing

01 June, 2021

Maithan Alloys to buy Andhra plant in liquidation process, over 90% haircut for lenders

Maithan Alloys Ltd, one of India’s largest manganese alloy producers, will acquire a Kolkata-based firm which owns a manufacturing unit ......

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Mumbai IT firm pushed into bankruptcy again, this time by disgruntled ex-employee

TMT

31 May, 2021

Mumbai IT firm pushed into bankruptcy again, this time by disgruntled ex-employee

A Mumbai-based information technology firm, which has flitted in and out of bankruptcy a couple of times in the past, ......

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Capital raised from primary markets in FY22 will surpass previous fiscal: Kotak i-banking CEO

Finance

31 May, 2021

Capital raised from primary markets in FY22 will surpass previous fiscal: Kotak i-banking CEO

Since January this year, as many as 18 Indian firms have hit the public markets to raise close to Rs ......