Beena Parmar

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Finance

25 June, 2020

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 ......

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Manufacturing

18 June, 2020

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 ......

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Finance

10 June, 2020

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 ......

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TMT

09 June, 2020

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 ......

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Finance

04 June, 2020

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 ......

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Finance

02 June, 2020

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 ......

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Infrastructure

28 May, 2020

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 ......

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Finance

27 May, 2020

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 ......

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Finance

22 May, 2020

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 ......

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Finance

20 May, 2020

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 ......