Beena Parmar
Finance
GIC sits on 1.2X gains from listed mortgage company
Singapore sovereign wealth fund GIC has offloaded additional stake from its four-year-old investment in Mumbai-listed housing finance company, taking home ......
Infrastructure
Essar group sees second firm fall into bankruptcy
A second Essar group firm has been admitted to insolvency by the National Company Law Tribunal (NCLT) over a default ......
Manufacturing
Sequoia takes major haircut on 11-yr Hindusthan National Glass bet
Venture capital firm Sequoia Capital is sitting on losses from its almost 11-year bet on Hindusthan National Glass & Industries. Going ......
Finance
Edelweiss Wealth Management MD on the latest fund and plans to go public
Edelweiss Wealth Management , an arm of Mumbai based Edelweiss Financial Services, plans to go public in the next 12-15 ......
Consumer
Elevation Capital-backed beverage firm runs out of juice, enters bankruptcy
A Finnish packaging materials maker has pushed a Vadodara-based fruit juice maker into bankruptcy. Huhtamaki Oyj has dragged Manpasand Beverages Ltd ......
Finance
Tano Capital, Apax Partners sell stakes in Mumbai based private lender
India and China based Tano Capital has turned in 3.5X returns from the sale of the bulk of its stake ......
Infrastructure
Lenders clear JSW Steel bid for bankrupt Bhushan Power
After over three years of bankruptcy, Bhushan Power and Steel now stands closer to resolution with lenders okaying JSW Steel’s ......
TMT
Arcil, other creditors approve sale of Aditya Birla Group backed stressed IT solutions firm
Creditors, including Asset Reconstruction Company India Ltd (Arcil), have approved the sale of an Aditya Birla Group entity backed stressed ......
Healthcare
Steadview pares API maker stake in third exit in a month
In its third exit from an Indian portfolio company within a month, Asia focused hedge fund Steadview Capital has sold ......
Healthcare
Gujarat pharma firm to hit the rocks three years after bankruptcy
A Vadodara-based pharmaceuticals company, which entered insolvency three years ago, will collapse into liquidation as the apex court has refused ......
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