Beena Parmar

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Finance

20 February, 2020

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 ......

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Manufacturing

19 February, 2020

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 ......

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Finance

19 February, 2020

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 ......

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Finance

13 February, 2020

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 ......

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Finance

27 January, 2020

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 ......

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Consumer

21 January, 2020

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, ......

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Manufacturing

14 January, 2020

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 ......

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Finance

10 January, 2020

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, ......

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Finance

08 January, 2020

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 ......

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Finance

06 January, 2020

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 ......