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Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage

Finance

26 December, 2019

Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage

Blackstone Group Inc., Warburg Pincus and several other private equity firms in India sniffed investment opportunities this year across debt-laden ......

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Essel Group sells gas distribution unit to diversified conglomerate

Infrastructure

27 June, 2019

Essel Group sells gas distribution unit to diversified conglomerate

The Subhash Chandra-led Essel Group has offloaded its city gas distribution business to another diversified conglomerate that recently forayed into ......

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Essel Finance's Sandeep Wirkhare quits to set up housing finance firm

People

08 December, 2017

Essel Finance's Sandeep Wirkhare quits to set up housing finance firm

Financial services veteran Sandeep Wirkhare has quit as the chief executive officer of Essel Finance Business Loans Ltd and initiated ......

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M&A deal of the month: Ebix cashes in on digital payments boom with ItzCash buy

TMT

31 May, 2017

M&A deal of the month: Ebix cashes in on digital payments boom with ItzCash buy

The months of April and March saw big companies strike merger and acquisition deals that will change the entire sectors ......