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Fraud-accused real estate firm Ireo set to get new fund manager

Infrastructure

20 November, 2020

Fraud-accused real estate firm Ireo set to get new fund manager

Ireo Pvt. Ltd, the real estate investment firm and developer battling allegations of a $1.5-billion fraud, is likely to get ......

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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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Emami Group in talks for fresh funding from another American investor

Consumer

09 April, 2020

Emami Group in talks for fresh funding from another American investor

The promoters of Kolkata-based Emami Group are in talks to rope in another American investor after bringing in Farallon Capital ......

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PE-backed lender Altico Capital defaults on debt; chairperson quits

Finance

12 September, 2019

PE-backed lender Altico Capital defaults on debt; chairperson quits

Altico Capital India Ltd, a non-banking financial company that focuses on the real estate sector, has defaulted on its debt ......

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Varde Partners-backed Aditya Birla ARC inks first stressed assets deal

Infrastructure

05 February, 2019

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 ......

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Exclusive: SBI Funds to raise new corpus for stressed assets

Finance

01 November, 2018

Exclusive: SBI Funds to raise new corpus for stressed assets

SBI Funds Management Pvt. Ltd, the asset management arm of State Bank of India, is raising capital for a new ......

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KKR to reapply for ARC licence in India after global rejig

Finance

04 September, 2018

KKR to reapply for ARC licence in India after global rejig

Global alternative asset manager KKR & Co will have to reapply for a licence to operate an asset reconstruction company ......