Beena Parmar
Finance
Prudent ARC to roll out debut fund as coronavirus promises to serve up stressed assets
New Delhi-based Prudent ARC Ltd is in talks with investors to roll out its debut fund, a top executive told ......
Finance
Centrum-backed steel firm ropes in foreign investor to buy out debt purchasers
A steel firm backed by Centrum Group’s microlender Altura and Anand Rathi Group’s NBFC arm has roped in a foreign ......
Finance
This might be a record year as bankruptcies go through the roof: Dhruva Advisors partner
The number of bankruptcies this year could be at least four to five times that of last year owing to ......
Finance
CX Partners, NewQuest trim stake in financial services firm
Four private equity investors including CX Partners and NewQuest Capital Partners have reduced their stake in the holding company of ......
Infrastructure
Jet revival prospects worsen as coronavirus prompts suitor to reconsider boarding carrier
Revival prospects for Jet Airways have worsened exactly a year after the carrier operated its last flight as coronavirus has ......
Finance
India's $28-bn microfinance sector braces for turmoil as third crisis hits in a decade
Gagan Kumar, who runs a small hair salon in Mumbai’s Borivali suburb, is a worried man these days. Kumar had ......
Finance
Arcil halts bad-loan purchases, focuses on recovery amid coronavirus lockdown
Asset Reconstruction Company (India) Ltd, or Arcil, has decided not to acquire any soured debt during the current quarter and ......
Finance
Stressed assets on pause for now but coronavirus aftermath poses shakeout risks
Even as the entire stressed asset ecosystem is almost on pause in the pandemic, both buyers and sellers are bracing ......
Finance
How CDC's four-year-old bet on India Infoline Finance went underwater
CDC Group Plc is staring at a steep loss on its investment in India Infoline Finance Ltd as the non-banking ......
Finance
Distressed asset funds smell blood as coronavirus bites businesses
Even as the world trembles from Covid-19 and its effects on the economy, distressed asset investors are shaking with excitement ......
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