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Apollo Global making face-saver exit from decade-old India portfolio firm

Infrastructure

16 October, 2024

Apollo Global making face-saver exit from decade-old India portfolio firm

Apollo Global Management, the US-based private equity and credit investor, has made an exit move from a struggling Indian company ......

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Smaller ARCs chase bulk deals to step up bad-loan purchases

Finance

03 October, 2019

Smaller ARCs chase bulk deals to step up bad-loan purchases

Smaller asset reconstruction companies (ARCs) are stepping up their bad-loan purchases as they consider buying in bulk a pool of ......

Jyoti Structures bankruptcy resolution back on track as tribunal quashes liquidation order

Infrastructure

26 March, 2019

Jyoti Structures bankruptcy resolution back on track as tribunal quashes liquidation order

A group of investors led by Sharad Sanghi, chief executive officer at Netmagic Solutions, will submit a revised resolution plan ......

HNIs led by Netmagic's Sanghi eye Jyoti Structures; Anicut backs Bira 91

General

15 December, 2017

HNIs led by Netmagic's Sanghi eye Jyoti Structures; Anicut backs Bira 91

Sharad Sanghi, the founder of Netmagic, has joined hands with a group of ultra-high-net-worth individuals to become the sole bidders ......

Future Group in talks to buy HyperCity; Blackstone Group eyes stake in IARC

General

11 September, 2017

Future Group in talks to buy HyperCity; Blackstone Group eyes stake in IARC

Kishore Biyani-led Future Group is in talks to buy retail supermarket HyperCity Retail India Ltd, a report in a financial ......