Beena Parmar
Manufacturing
The Chatterjee Group gets closer to weaving a revival for once-iconic textile firm
A chemicals manufacturer that’s part of The Chatterjee Group (TCG) has got a nod from the committee of creditors (CoC) ......
Manufacturing
JM Financial ARC's wait to recover money from bankrupt textile firm gets longer
JM Financial Asset Reconstruction Company Ltd will have to wait a little longer to recover its money from a bankrupt ......
Manufacturing
Two Japanese firms acquire majority stake in Bharat Insecticides
Two Tokyo-based companies have jointly picked up a majority stake in agrochemical company Bharat Insecticides Ltd as they seek to ......
Infrastructure
Supreme Facility Management takes control of engineering firm
Pune-based Supreme Facility Management Pvt. Ltd has acquired a 66% stake in an eight-year-old engineering services company, a senior executive ......
Finance
Valuations down 15-20% across the board: Alvarez & Marsal MD
Resolution and turnaround of distressed corporates is fast becoming the need of the hour as the coronavirus has left several ......
Finance
New insolvency cases touch over 3-year low in pandemic-hit June quarter
New insolvency cases dropped during pandemic-stricken April-June to the lowest in 13 quarters, showed the latest data by the Insolvency ......
General
IL&FS PE-backed floriculture firm heads for liquidation
A bankrupt floriculture company that counts IL&FS Private Equity as an investor and was India’s largest producer of cut roses ......
Finance
Indiabulls Housing strikes multi-bagger as UK's OakNorth valued at $2.1 bn
Indiabulls Housing Finance Ltd has made a multi-fold gain by selling another chunk of its stake in British lender OakNorth ......
Finance
Top executive quits Ares SSG-backed asset reconstruction firm
The chief executive and managing director of an asset reconstruction firm, backed by alternative asset manager Ares SSG (previously SSG ......
Finance
Kotak Special Situations Fund's CEO on impact of pandemic, RBI debt recast on deals
Kotak Investment Advisors Ltd, the alternative assets arm of banker Uday Kotak-led financial services group, raised $1 billion (around Rs ......
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