Beena Parmar
Finance
Areion Asset Management gets early commitment for $64 mn stressed assets fund
Areion Asset Management Pvt. Ltd has received investor commitments for a fifth of its distressed assets vehicle’s second scheme but ......
Finance
Blackstone-owned Aadhar Housing's CEO on pandemic's impact on business and more
In February 2019, Blackstone Group, the world’s largest private equity firm, inked a pact to acquire Aadhar Housing Finance Ltd. ......
Finance
Kotak Investment's $1 bn special situations fund seals second deal
An alternative assets fund of Kotak Investment Advisors Ltd, a wholly owned unit of Kotak Mahindra Bank, has struck its ......
Infrastructure
Jaypee Infratech's Yamuna Expressway draws investor interest
A marquee infrastructure investment firm has approached the lenders of debt-laden township developer Jaypee Infratech Ltd to acquire the Yamuna ......
Finance
Banks scramble to beef up defences as coronavirus threatens to sour loan books
Banks across the nation are raising or proposing to raise at least Rs 1.4 trillion ($19 billion) as the industry ......
Manufacturing
Once-iconic textile firm enters bankruptcy to weave its way out of crisis
A textile company that owns a once-iconic saree brand is the latest to enter bankruptcy proceedings after a Mumbai-based asset ......
Finance
Virus would have pushed viable firms towards premature death under IBC: IBBI chief
Last month, the government suspended triggering of insolvency cases against companies for any default for six months starting March 25, ......
Finance
GIC bumps ups stake in private-sector lender, deepening BFSI push
Singapore sovereign wealth fund GIC Pte. Ltd has raised its stake in a private sector lender in yet another bet ......
Finance
Lone Star-backed RattanIndia Finance sharpens focus on retail loans as NPAs soar
Lone Star Funds-backed RattanIndia Finance Pvt. Ltd will ramp up retail lending and reduce the share of corporate loans, a ......
Manufacturing
Adanis strike second deal for bankrupt firm amid allegations over impropriety
The real estate arm of billionaire Gautam Adani-led Adani Enterprises Ltd is set to acquire a distressed textile company, two ......
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