Beena Parmar
Finance
Five-year outlook a must for chasing stressed assets: Panellists at VCCircle LP summit
Timely due diligence, better visibility of risks and quality information about distressed companies can help fund managers and strategic investors ......
Manufacturing
Another PE-backed stressed firm set to change hands under bankruptcy law
JSW Steel Ltd has moved a step closer to acquiring Bhushan Power & Steel Ltd, in another instance of a ......
Finance
Indian firms wait too long to file for bankruptcy: Edward Altman
Edward Altman developed the Altman-Z score to predict bankruptcies 50 years ago. Now a professor emeritus of finance at New ......
Infrastructure
Are power sector lenders seeing light at the end of the stressed assets tunnel?
Until six months ago, the power sector was struggling to find buyers for stressed assets. Now, it is limping ahead ......
Finance
Exclusive: Srei Group anchors large credit fund for India
Kolkata-based Srei Group has come in as an anchor investor in a Singapore fund focussed on providing credit to Indian ......
Consumer
GIC to end up with a lemon as rare sovereign fund bet goes bust in India
Singapore sovereign wealth fund GIC, one of the most active in India among its global peers, is set to see ......
Infrastructure
Varde Partners-backed Aditya Birla ARC inks first stressed assets deal
Aditya Birla ARC Ltd has agreed to acquire part of the debt that RattanIndia Power Ltd owes its lenders for ......
People
AION Capital hires JPMorgan exec for ARC biz
AION Capital Partners has hired a senior executive for Arcion Revitalisation Pvt. Ltd as the special situations private equity firm ......
Finance
Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO
Dena Bank, one of the weakest public-sector lenders, has posted losses for three financial years in a row, and is ......
Finance
Running out of patience, more banks are putting bad loans on the block
Lenders including India’s largest bank are opting to sell their loan exposures to companies facing insolvency even as the country’s ......