Beena Parmar
Finance
ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?
There is more than a hint of schadenfreude in the asset reconstruction business. So even as the problem of bad ......
Finance
Piramal eyes portfolio of housing finance company
Piramal Enterprises Ltd has emerged as the front runner to acquire the portfolio of an embattled housing finance company, two ......
Finance
Arcil CEO Vinayak Bahuguna on how to speed up stressed asset resolution and more
Vinayak Bahuguna took over as the CEO and managing director at Asset Reconstruction Company (India) Ltd, or Arcil, in June ......
Finance
Piramal-Bain distressed assets fund set to raise $750 mn
India Resurgence Fund will raise a corpus of $750 million (around Rs 5,250 crore) over the next few months to increase ......
Consumer
New bidder selected to acquire Thunderbolt beer maker
Lenders to Mount Shivalik Industries Ltd, the maker of popular beer brand Thunderbolt, have approved an offer by a new ......
Finance
IDBI Bank looks to speed up asset-sale plans in turnaround bid
IDBI Bank hopes to complete the sale of its mutual fund and insurance businesses as well as that divestment of ......
Consumer
Som Distilleries top contender to acquire north Indian beer brand
Som Distilleries Pvt. Ltd has emerged as the leading contender to acquire a north India-based beer brand. The Bhopal-based company, which ......
Finance
Alvarez & Marsal's Nikhil Shah on rising dealmaking activity in stressed assets
Turnaround and restructuring specialist Alvarez and Marsal has been in the thick of the resolution proceedings initiated under India’s Insolvency ......
Healthcare
SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid
State Bank of India and other creditors to Calyx Chemicals & Pharmaceuticals Ltd will get less than 5% of their ......
Healthcare
Parabolic Drugs set to chart recovery path as lenders approve takeover bid
Debt-laden Parabolic Drugs Ltd is headed on the road to recovery after its lenders gave their stamp of approval to ......