Beena Parmar
Manufacturing
How ArcelorMittal Nippon is reforging Essar Steel after takeover
When brothers Shashi and Ravi Ruia set up Essar Steel India Ltd in 1998, they may never have imagined that ......
Manufacturing
Purnendu Chatterjee's TCG looks to acquire bankrupt textile company
A chemicals manufacturer that’s part of the Purnendu Chatterjee-led The Chatterjee Group (TCG) has made an offer to acquire a ......
Manufacturing
PE funds, electronics companies among bidders for Videocon assets
Bankrupt consumer appliances maker Videocon Industries Ltd and a dozen of its units have received 11 offers for their assets ......
Finance
Asian alternatives firm PAG strikes $137-mn private credit deal in India
Hong Kong-based alternative investment firm PAG, recently in news for cofounding a pharma platform and striking a deal related to Edelweiss ......
Finance
Why Shriram Group may drop plan to re-induct Bhatia on board of vehicle finance arm
Shriram Group may drop its plan to re-induct PE giant TPG Capital’s Puneet Bhatia as a nominee on the board ......
Finance
Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets
The resolution of distressed assets under the Insolvency and Bankruptcy Code (IBC) has hit a big stumbling block with the ......
Finance
Shriram Transport parent nominates PE exec ousted from board
Shriram Transport Finance Corporation (STFC) and its promoters have nominated for re-induction as a director an executive of private equity ......
TMT
Digital lender Avail Finance's valuation rises three-fold as Falcon Edge joins as investor
Avail Finance, a digital lender that seeks to provide instant collateral-free personal loans, has raised its Series B round of ......
Finance
SBI gets new head to wrestle down bad loans worth $17.5 bn
India’s largest lender State Bank of India (SBI) has appointed a new managing director (MD) to manage down gross non-performing ......
Finance
Who voted out TPG's Bhatia from Shriram Transport Finance board?
In a relatively rare case of shareholder activism in India, one of the longest-serving board members of a finance firm ......