Beena Parmar
Finance
Bain-Piramal ARC seals second distressed debt deal
The asset reconstruction joint venture of Piramal Enterprises Ltd and Bain Capital Credit has bought a portfolio of loans from ......
Finance
Flashback 2019: Bank mergers, NBFC woes, PE deals keep financial sector in spotlight
India’s banking, financial services and insurance sector went through a roller coaster ride in 2019, as the government launched a ......
Finance
Flashback 2019: Stressed assets remain in focus on rising bankruptcies, new challenges
When everything else fails, pray. At least that’s what State Bank of India chairman Rajnish Kumar seems to believe. “Every morning ......
Manufacturing
Everstone, TVS Capital-backed wind turbine firm in the NCLT dock
A Chennai-based wind turbine firm backed by Everstone Capital, TVS Capital and MCap Advisors has been admitted to the insolvency ......
Manufacturing
JSW Steel inches closer to acquiring another bankrupt firm
Billionaire Sajjan Jindal-led JSW Steel Ltd has moved one step closer to becoming the largest steelmaker in the country as ......
Finance
CPPIB to back global fund partner's India debt platform
Canada Pension Plan Investment Board (CPPIB) has decided to ramp up its India credit investment strategy by backing a global ......
Finance
How RBI's new norms for ARCs may affect the bad-loan market
The Reserve Bank of India’s tightening of norms for asset reconstruction companies (ARCs) to buy bad loans may lead to ......
Consumer
Bankers block Haldiram's big-ticket entry into dairy business yet again
Haldiram Snacks Pvt. Ltd’s attempt to acquire a debt-laden dairy company hasn’t made any headway with lenders to the bankrupt ......
Finance
IL&FS gets one offer for back-office arm, seeks more bids
Infrastructure Leasing & Financial Services Ltd (IL&FS) has received one offer for its stake in a back-office services unit but ......
Finance
Management guru Ram Charan on how founders, investors can avoid succession issues
A number of high-profile startups have seen their founders leave in recent years as investors get more active. In the ......
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