Beena Parmar
Finance
Maharashtra govt readies new fintech fund for direct startup bets
Government of Maharashtra-backed Mumbai FinTech Hub plans to set up a fund to take direct equity stakes in financial technology ......
Healthcare
NCLAT sets aside Sterling Biotech liquidation, allows lenders to drop insolvency case
The National Company Law Appellate Tribunal (NCLAT) has set aside a lower court’s order to liquidate Sterling Biotech Ltd and ......
Finance
NBFCs should explore lending off balance sheets: Panellists at VCCircle summit
Non-banking financial companies should look to increase their lending off balance sheets to lower provisions and tackle the liquidity crunch, ......
Manufacturing
Former Mittal Steel exec's Nithia Capital sets sights on stressed steel assets
Nithia Capital Resources Advisors LLP, a London-based alternative investment manager and advisory firm, aims to acquire four to five steel ......
Finance
Why liquidation framework remains inadequate despite policy push?
Despite recent changes aimed at improving the liquidation process for bankrupt firms, the dissolution framework does not squeeze optimum value ......
Finance
JM Financial set to float distressed assets funds
Mumbai-based JM Financial Ltd has revived a plan to invest in stressed assets through separate investment vehicles but has tweaked ......
Manufacturing
Jain Irrigation firming up asset sale plan, hires banker
Jain Irrigation Systems Ltd is firming up plans to sell non-core assets, as it looks to pare debt and soothe ......
Finance
Shardul Shroff on the IBC's ‘tortuous process' and the dangers of oligopoly
India’s three-year-old bankruptcy law still needs to be fine-tuned to attract financial investors and to prevent the concentration of businesses ......
Finance
KKR appoints chief for upcoming India ARC
Private equity giant KKR & Co. has hired a chief for its Indian asset reconstruction company that is awaiting regulatory ......
Finance
Liquidation framework, costs under IBC need to be reviewed: Eight Capital chairman
The Insolvency and Bankruptcy Code (IBC) emulates a Hindi movie: Excitement in the beginning, chaos in the middle and a ......