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Grapevine: Paytm may sell ticketing biz; Jefferies set to hire StanChart exec

General

17 June, 2024

Grapevine: Paytm may sell ticketing biz; Jefferies set to hire StanChart exec

Paytm is in advanced talks with Zomato Ltd. to sell its movie and events ticketing business, a media report said.    The ......

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Grapevine: KKR eyes over $1-bn roads deal; Kedaara looks to sell Spandana Sphoorty

General

15 June, 2023

Grapevine: KKR eyes over $1-bn roads deal; Kedaara looks to sell Spandana Sphoorty

Private equity major KKR’s roads unit is in discussions to acquire a clutch of road assets from an Indian company ......

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Exclusive: Carlyle tops up bet on Indian firm with over $100-mn cheque

Finance

09 May, 2023

Exclusive: Carlyle tops up bet on Indian firm with over $100-mn cheque

Global private equity firm Carlyle Group has made an additional investment of over $100 million in an Indian company that ......

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Ares SSG picks up 10% stake in housing finance firm

Finance

24 November, 2020

Ares SSG picks up 10% stake in housing finance firm

Alternative asset manager Ares SSG (previously known as SSG Capital) has picked up almost 10% in one of India’s largest ......

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Carlyle-backed PNB Housing taps another SBI veteran to be CEO

Finance

06 August, 2020

Carlyle-backed PNB Housing taps another SBI veteran to be CEO

PNB Housing Finance Ltd, which is part-owned by private equity firm Carlyle, has appointed a former head of SBI Cards ......

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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 ......

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India Inc's legal costs soar most in four years; Reliance regains top rank

Finance

19 September, 2019

India Inc's legal costs soar most in four years; Reliance regains top rank

India Inc’s legal expenses grew at the fastest pace in at least four years for the 12 months to March-end ......

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Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?

Finance

02 July, 2019

Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?

As finance minister Nirmala Sitharaman gives final touches to her first budget speech later this week, she’d be doing so ......

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SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid

Healthcare

30 May, 2019

SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid

State Bank of India and other creditors to Calyx Chemicals & Pharmaceuticals Ltd will get less than 5% of their ......

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Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta

Finance

04 March, 2019

Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta

It has been a year since Punjab National Bank (PNB) revealed that two jewellery groups had swindled the state-run lender ......