Beena Parmar

Premium

Finance

16 April, 2019

UV ARC set to float maiden distressed assets fund

UV Asset Reconstruction Company Ltd (UV ARC) is planning to float its debut fund for buying distressed assets, a person ......

Premium

Healthcare

11 April, 2019

Exclusive: Sole bidder emerges for bankrupt pharma firm Parabolic Drugs

Parabolic Drugs Ltd, a listed bulk drugs manufacturer which is currently undergoing insolvency proceedings, has received a takeover offer from ......

Premium

Infrastructure

08 April, 2019

Adani seals buyout of stressed thermal power asset in big-ticket deal

Adani Power Ltd has sealed the buyout of a thermal power producer more than four years after first announcing an ......

Premium

General

05 April, 2019

Stressed assets: RBI to revise bad loans norms; Jet Airways' lenders eye stake sale

At a time when the country's banking system is saddled with a pile of over Rs 10 lakh crore worth ......

Premium

Economy

04 April, 2019

What the SC order on stressed assets means for ARCs, PE funds, strategic buyers

The Supreme Court (SC) order quashing the central bank’s framework on bad loans may give more shopping time to investors, ......

Premium

Finance

03 April, 2019

Can the BlackRock-HCC transaction trigger more litigation funding deals in India?

Last week, Hindustan Construction Co. Ltd agreed to sell a big chunk of project claims under litigation to an investor ......

Premium

Finance

29 March, 2019

How Spotify inspired Catholic Syrian Bank to look at an unusual listing plan

In April last year, Sweden's Spotify Technology SA went public in an unconventional manner. The world's largest music streaming service ......

Premium

Finance

27 March, 2019

Ambit to sell stake in ARC joint venture with JC Flowers to local, foreign firms

Ambit Pvt. Ltd is set to exit its asset reconstruction joint venture with US-based JC Flowers & Co. by selling ......

Premium

Finance

25 March, 2019

Former Axis Capital merchant banker joins as CEO of state-run lender

A former deputy chief executive officer of Axis Capital will join a government-owned tourism industry financier as managing director and ......

Premium

Finance

19 March, 2019

ARCs, stressed asset investors look for deals as banks auction $3.6 bn of bad loans

Asset reconstruction companies (ARCs) and other investors may pursue distressed assets more actively in coming weeks as banks auction more ......