JM Financial Asset Reconstruction Company
Healthcare
UAE-based billionaire's big India hospital deal hits new hurdle
Billionaire BR Shetty’s year-long wait to take over two hospitals in Mumbai and Visakhapatnam that would have doubled his India ......
Finance
JM Financial set to float distressed assets funds
Mumbai-based JM Financial Ltd has revived a plan to invest in stressed assets through separate investment vehicles but has tweaked ......
Healthcare
UAE-based billionaire seals large India hospital deal
Billionaire BR Shetty has sealed a transaction to buy two hospitals in Mumbai and Visakhapatnam, a move that will help ......
Consumer
SEBI asks Hotel Leelaventure to seek shareholder nod for Brookfield deal afresh
The Securities and Exchange Board of India (SEBI) has ordered Hotel Leelaventure Ltd to seek shareholder approval for a multi-million-dollar ......
Healthcare
BR Life gets lifeline in stressed hospital asset SevenHills buyout
Billionaire BR Shetty’s BR Life, the largest private healthcare company in the UAE, has received a boost in its attempt ......
Consumer
Brookfield inks pact to acquire Leela hotels for $576 mn
Canadian investment firm Brookfield Asset Management Inc. has signed an agreement with debt-laden Hotel Leelaventure Ltd to acquire its luxury ......
Consumer
Brookfield's plan for big-ticket Indian hospitality deal hits rough weather
Canadian investment firm Brookfield Asset Management Inc.'s attempt to seal a big-ticket deal in India’s hospitality sector has hit a ......
General
General Atlantic, Värde may buy into PNB Housing; Energizer, Duracell eye Eveready
Private equity firm General Atlantic and US-based investment firm Värde Partners are likely to buy a 22% stake in mortgage ......
Finance
How PE funds, foreign banks are changing tack in battle for stressed assets
When Indian authorities started cracking down on banks’ bad loans two years ago, several private equity firms and stressed assets ......
General
Walmart eyes majority stake in Flipkart; Blackstone ends bid for Anand Jain fund
US-based retailer Walmart Inc. is in advanced discussions to acquire a large stake in e-commerce company Flipkart, The Economic Times ......