Beena Parmar
Finance
This lender is now Blackstone's No.2 India bet after raising fresh capital
Blackstone Group has injected an additional amount into a financial services company that it had acquired last year, making it ......
Manufacturing
Suraksha ARC set to lose race for distressed textile firm
Suraksha Asset Reconstruction Ltd is likely to have lost a bid to acquire a Maharashtra-based distressed textile company that was ......
Finance
Kotak alternative investment arm's AUM moves up to $2 bn
Kotak Investment Advisors Ltd, the alternatives investment arm of Kotak Mahindra Bank Ltd, has recorded an increase in its total ......
TMT
TV and movie production house broadcasts SOS to resolve its debt under bankruptcy law
A Mumbai-based media production house has invited bids to resolve its debt worth Rs 525 crore (about $70 million at ......
Finance
JM Financial arm marks first close of debut stressed assets fund
The credit alternatives arm of the JM Financial Group has marked the first close of its debut distressed assets fund. JM ......
Finance
How insolvencies climbed across sectors before India locked down to fight virus
The manufacturing and real estate sectors accounted for three-fifths of new insolvencies in the three months through March even before ......
Infrastructure
Ascent Capital exits another legacy portfolio company
Indian mid-market private equity firm Ascent Capital has fully exited a 13-year-old publicly listed company, as it continues to clean ......
Finance
As companies hit the rocks and sink, lenders scour the wreck and get zilch
The liquidation process under the bankruptcy law has eroded almost 99% of the value of claims made for the 69 ......
Finance
Recovery under bankruptcy law shows big jump but Jaypee Infratech skews the picture
The amount recovered under the Insolvency and Bankruptcy Code (IBC) jumped 13 times sequentially in the January-March quarter and rose ......
Finance
Brookfield-IndoStar deal comes with fresh riders
Canadian investor Brookfield's deal to buy a stake in IndoStar Capital Finance Ltd, which is backed by private equity firm ......