Beena Parmar

Goldman Sachs joins Varde Partners to take over RattanIndia Power's debt

Infrastructure

31 December, 2019

Goldman Sachs joins Varde Partners to take over RattanIndia Power's debt

Global investment bank Goldman Sachs has teamed up with alternative investment firm Värde Partners to take over RattanIndia...

Finance

30 December, 2019

Regulator paves way for Reliance Capital to sell general insurance unit

The insurance regulator has restored 100% shareholding of Reliance General Insurance Company Ltd to Reliance Capital Ltd by cancelling...

TMT

26 December, 2019

Motilal Oswal Private Equity to invest $35 mn in Gurugram electronics maker VVDN

Motilal Oswal Private Equity (MOPE) has committed Rs 250 crore ($35 million at current exchange rate) to Gurugram-based VVDN Technologies...

Premium

Finance

26 December, 2019

Flashback 2019: Bank mergers, NBFC woes, PE deals keep financial sector in spotlight

India’s banking, financial services and insurance sector went through a roller coaster ride in 2019, as the government launched...

Finance

24 December, 2019

IFCI sells bulk of its stake in National Stock Exchange

State-owned development finance institution IFCI Ltd said on Tuesday it has divested most of its 2.44% stake in the National ......

Infrastructure

24 December, 2019

Jet Airways lenders call for fresh bids to find buyers

Jet Airways (India) Ltd will go through a fresh round of bidding as its lenders have decided to make another ......

Premium

Finance

24 December, 2019

Flashback 2019: Stressed assets remain in focus on rising bankruptcies, new challenges

When everything else fails, pray. At least that’s what State Bank of India chairman Rajnish Kumar seems to believe. “Every...

TMT

23 December, 2019

Media company Sri Adhikari Brothers dragged into bankruptcy

Sri Adhikari Brothers Television Network Ltd has been admitted into bankruptcy after defaulting on a bank loan. The Mumbai...

Manufacturing

20 December, 2019

Anand Mahindra steps aside in top-level rejig at Mahindra & Mahindra

Mahindra & Mahindra Ltd said on Friday executive chairman Anand Mahindra will move to a non-executive role next year as ......

Finance

20 December, 2019

Piramal Enterprises hires Axis Bank exec to head consumer finance business

Billionaire Ajay Piramal-led Piramal Enterprises Ltd has appointed Axis Bank finance chief Jairam Sridharan as the CEO of its...