Beena Parmar
General
Why one-year suspension of bankruptcy law has put bankers, investors in tough spot
Creditors, investors and even companies involved in distressed asset resolution will suffer a major setback as the government has decided ......
Finance
Retail lending may revive only after festival season: Mahindra Finance chief
Over the past few years, Indian lenders—both banks and non-bank financial companies (NBFCs)—have relied heavily on retail lending to drive ......
Finance
Why calls for pre-packaged IBC deals, easing ban on promoters are getting louder
A pre-packaged deal mechanism for stressed assets and lifting a ban on promoters from bidding for the companies they once ......
Manufacturing
Sequoia-backed glass maker's quest to rope in new investors hits a wall
Hindusthan National Glass & Industries Ltd’s plan to get new investors on board has hit a hurdle after a distressed ......
Finance
ChrysCapital bets on another PE-backed private bank
India-focused private equity firm ChrysCapital has bought a minority stake in yet another private-sector bank, adding to its list of ......
Finance
Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare
Coronavirus has set off a flurry of renegotiations for distressed assets falling under the Insolvency and Bankruptcy Code (IBC) besides ......
Finance
ChrysCapital-backed Varthana raises debt funding from US development bank
The US International Development Finance Corporation (DFC) has disbursed a loan of $15 million (about Rs 113.25 crore) to Bengaluru-based ......
People
Ex-Hero MotoCorp finance chief, others invest in supply chain finance platform
Sensing a need to help businesses to overcome the cash flow crisis in the pandemic, a supply chain finance startup ......
TMT
Indifi's Alok Mittal on how the pandemic may impact fintech lenders
The coronavirus pandemic and the nationwide lockdown have crippled business activities. This will impact banks, non-bank lenders and fintech firms, ......
Finance
ChrysCap goes long on another private-sector lender with around $30 mn bet
India-focused private equity firm ChrysCapital has bought a small stake in a mid-sized private-sector bank, adding to its exposure to ......
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