Beena Parmar
Finance
Why NBFCs face bigger headache than banks from coronavirus
India’s non-banking finance companies face more pain in coming months as a nationwide lockdown to battle the coronavirus pandemic threatens ......
Manufacturing
Madhusudan dairy group unit snaps up steel plant from bankrupt firm
A company that’s part of the group best known for its Madhusudan brand of dairy products has acquired a steel ......
TMT
Eight Roads-backed fintech platform Kuvera seeks fresh VC funding
Online investment platform Kuvera, which is backed by venture capital firm Eight Roads, is gearing up to raise Series B ......
Finance
Yes Bank debacle: How healthy are smaller private-sector banks?
The Reserve Bank of India’s takeover of Yes Bank has heightened concerns about the health of other private-sector lenders, especially ......
Manufacturing
JSW's Sajjan Jindal eyes another stressed assets target, set to buy steel firm
Billionaire Sajjan Jindal-owned JSW Projects Ltd is close to sealing a deal for a majority stake in a distressed steelmaker, ......
Finance
Avanse Financial CEO on growth plan under new majority owner Warburg Pincus
In March 2019, private equity firm Warburg Pincus agreed to acquire an 80% stake in education lender Avanse Financial Services ......
People
Blackstone's India bad loan arm plans to expand leadership team
Global private equity giant Blackstone plans to grow the leadership team at its asset reconstruction arm in India, a top ......
Finance
How bad loan buyer IARC performed in first year under new owner Blackstone
International Asset Reconstruction Co. Pvt. Ltd (IARC) resumed making bad-loan bets in its first year of operations under new majority ......
Finance
Opportunities in secondaries, fund extensions to grow: Panellists at VCCircle LP summit
The maturing market for secondaries transactions and extension of fund life by private equity as well as venture capital firms ......
Finance
Blackstone to pump more funds into asset reconstruction arm IARC: Kishore Moorjani
International Asset Reconstruction Company Pvt. Ltd (IARC), which began operations in 2007, has been a slow starter in India’s asset ......