Beena Parmar

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Finance

26 June, 2019

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 ......

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Finance

18 June, 2019

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 ......

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Finance

14 June, 2019

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 ......

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Finance

11 June, 2019

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 ......

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Consumer

07 June, 2019

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 ......

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Finance

04 June, 2019

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 ......

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Consumer

03 June, 2019

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 ......

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Finance

31 May, 2019

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 ......

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Healthcare

30 May, 2019

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 ......

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Healthcare

29 May, 2019

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 ......