Beena Parmar

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Manufacturing

07 September, 2020

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 ......

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Manufacturing

03 September, 2020

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 ......

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Manufacturing

02 September, 2020

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 ......

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Finance

02 September, 2020

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 ......

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Finance

01 September, 2020

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 ......

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Finance

28 August, 2020

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 ......

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Finance

27 August, 2020

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 ......

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TMT

27 August, 2020

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 ......

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Finance

25 August, 2020

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 ......

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Finance

24 August, 2020

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 ......