Beena Parmar
Finance
Bankruptcy boom: India added three insolvency professionals and four valuers a day
India’s three-year-old bankruptcy law has not only opened a fast-track path for creditors to recover their debts from defaulters but ......
Manufacturing
Steelmaker becomes first distressed firm to recast debt under same management
A Chhattisgarh-based iron and steel products maker has become the first distressed company to restructure its debt under the same ......
Finance
These three sectors account for nearly three-fourths of bankruptcy cases
Ever since India implemented a new bankruptcy law in 2016, creditors have been quick to drag defaulters to various courts ......
Finance
An Indian firm enters bankruptcy every four hours, but that's not the only worrying trend
The number of companies dragged into bankruptcy courts jumped over the last two quarters, as creditors pressed the pedal to ......
Finance
IIFL founder Nirmal Jain on why the group split into three and more
Six months ago, Fairfax-backed IIFL group split into three listed entities -- finance, wealth and securities – as part of ......
Consumer
Another VC-backed company faces bankruptcy
Venture capital-backed companies rarely get entangled in the crosshairs of bankruptcy courts. As startups generally don’t take on bank loans, ......
Manufacturing
Kotak's stressed assets fund inks debut deal
The distressed assets fund of Kotak Investment Advisors has marked its debut deal, an executive told VCCircle, with a transaction ......
Finance
Bain-Piramal fund's senior exec goes back to entrepreneurship
A senior executive at India Resurgence Fund, the distressed assets buyout platform of Piramal Enterprises Ltd and Bain Capital Credit, ......
Finance
Australian fund close to picking up stake in India's top health insurance firm
ROC Partners, which was created with a management buyout of Macquarie’s private markets business unit five years ago, is in ......
Finance
Bay Capital founder Siddharth Mehta on investment strategy, focus areas and more
Bay Capital Partners, an India-focused investment firm, has been investing in publicly traded companies for about 13 years. Its present ......