Beena Parmar
Finance
ACRE signs on former RBL exec as CEO
Assets Care & Reconstruction Enterprise Ltd, backed by Asia-focused Ares SSG (previously known as SSG Capital), has roped in a ......
Finance
Sterlite Power raises Rs 1,300 crore bridge finance from Allianz, local investor
Transmission company Sterlite Power has raised Rs 1,300 crore ($176.7 million) in debt financing from Germany’s Allianz Global Investors and ......
People
Blackstone elevates three executives to strengthen India leadership
Global private equity (PE) major Blackstone Group has promoted three executives in India in its PE and real estate divisions, ......
Manufacturing
TCG gets court nod to acquire bankrupt textile co
Purnendu Chatterjee led The Chatterjee Group (TCG) has received court approval to acquire a popular debt-ridden textile company under the ......
Infrastructure
JC Flowers ARC, Cantor Fitzgerald mop up debt of road developer at huge discount
JC Flowers Asset Reconstruction Company (JCFARC) has teamed up with New York headquartered financial services firm Cantor Fitzgerald to acquire ......
Finance
Flashback 2020: RBI gets into rescue mode as banks, non-banks tide over tough year
In early March, three weeks before most of India went into a lockdown to fight the coronavirus pandemic, the Reserve ......
Finance
Flashback 2020: Virus manages to shoo away almost everyone from stressed assets
The distressed assets market was still going through teething problems from the four-year bankruptcy law when the Covid-19 pandemic struck ......
Finance
Ten more join long queue for assets of debt-laden Reliance Capital
US-based alternative asset manager Apollo Global Management Inc and SBI Life Insurance Company Ltd are among the new 10 bidders ......
Finance
Reliance Home Finance gets only two binding bids from six suitors
Of the six entities that are in fray for debt-laden Reliance Home Finance Ltd, only two have submitted binding bids, ......
Finance
SBI-backed Neev Fund tops up first private equity vehicle
Private equity investor Neev Fund, floated by State Bank of India in partnership with the UK’s Department for International Development, ......
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