Beena Parmar - Author at VCCircle
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Beena Parmar

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Bankers block Haldiram's big-ticket entry into dairy business yet again

Consumer

05 December, 2019

Bankers block Haldiram's big-ticket entry into dairy business yet again

Haldiram Snacks Pvt. Ltd’s attempt to acquire a debt-laden dairy company hasn’t made any headway with lenders to the...

Supreme Court clears decks for ArcelorMittal to buy Essar Steel

Manufacturing

15 November, 2019

Supreme Court clears decks for ArcelorMittal to buy Essar Steel

The Supreme Court has cleared the decks for global steel giant ArcelorMittal SA’s Rs 42,000 crore ($5.85 billion) acquisition of ......

Aviva Life under IBC for not paying landlord; first financial firm to enter NCLT

Finance

12 November, 2019

Aviva Life under IBC for not paying landlord; first financial firm to enter NCLT

The bankruptcy tribunal has ordered proceedings against Aviva Life Insurance in a case by Apeejay Trust for failure to pay ......

IL&FS gets creditors' nod for sale of education business to Career Point Publications

Consumer

12 November, 2019

IL&FS gets creditors' nod for sale of education business to Career Point Publications

Infrastructure Leasing & Financial Services (IL&FS) has got approval to sell its majority holding in Schoolnet India Ltd...

Carlyle veteran's new PE firm Sanaka inks debut deal with Edelweiss

Finance

12 November, 2019

Carlyle veteran's new PE firm Sanaka inks debut deal with Edelweiss

Sanaka Capital, a private equity firm floated by Shankar Narayanan, former managing director and co-head of the Asia Growth Capital...

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IL&FS gets one offer for back-office arm, seeks more bids

Finance

11 November, 2019

IL&FS gets one offer for back-office arm, seeks more bids

Infrastructure Leasing & Financial Services Ltd (IL&FS) has received one offer for its stake in a back-office services...

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Management guru Ram Charan on how founders, investors can avoid succession issues

Finance

11 November, 2019

Management guru Ram Charan on how founders, investors can avoid succession issues

A number of high-profile startups have seen their founders leave in recent years as investors get more active. In the ......

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Haldiram's big-ticket move to enter dairy business hits a hurdle

Consumer

08 November, 2019

Haldiram's big-ticket move to enter dairy business hits a hurdle

Haldiram Snacks Pvt. Ltd’s plan to acquire a dairy company has run into a roadblock after the insolvent firm’s lenders...

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Arcil hires Edelweiss exec as chief investment officer

Finance

06 November, 2019

Arcil hires Edelweiss exec as chief investment officer

Asset Reconstruction Company (India) Ltd, or Arcil, has hired a senior executive from Edelweiss Group to oversee stressed-asset...

Insolvency court admits case against Flipkart but high court orders stay

TMT

06 November, 2019

Insolvency court admits case against Flipkart but high court orders stay

A tribunal in Bengaluru has ordered to start insolvency proceedings against Flipkart India Pvt. Ltd for a payments default, but...