Beena Parmar

Piramal plans to merge three Shriram entities; mulls exit

Finance

26 April, 2019

Piramal plans to merge three Shriram entities; mulls exit

Piramal Group plans to merge all entities of Shriram group and financial services, in which it has considerable stake, with ......

Infrastructure

26 April, 2019

IL&FS arm starts process to sell road project in China

A step-down unit of Infrastructure Leasing & Financial Services Ltd (IL&FS) has started a process to sell its 49% stake...

General

26 April, 2019

Stressed assets this week: Essar Steel case drags on; Jet may fly to NCLT

Developments in the stressed assets’ space have picked up pace, with large assets seeing changes at various levels, according...

Manufacturing

26 April, 2019

Essar Steel lenders dig in their heels against StanChart, operational creditors

Essar Steel India Ltd’s Committee of Creditors (CoC) is sticking to its stand on how to distribute the capital ArcelorMittal...

Finance

25 April, 2019

IDFC Alternatives general counsel Vinod Joseph joins law firm

IDFC Alternatives’ general counsel, Vinod Joseph, has quit the homegrown private equity firm to join law firm Argus Partners...

Manufacturing

24 April, 2019

CarVal Investors, Arcil get lenders' approval to buy two Uttam Galva units

A consortium of US-based distressed assets investor CarVal Investors and Asset Reconstruction Company of India Ltd (Arcil) has...

Consumer

24 April, 2019

SEBI asks Hotel Leelaventure to keep Brookfield deal on hold

The Securities and Exchange Board of India has asked Hotel Leelaventure Ltd to not act upon its deal with Canadian ......

Premium

Finance

24 April, 2019

Nirmal Gangwal's Brescon takes second shot at stressed assets biz

Debt restructuring and turnaround advisory firm Brescon Corporate Advisors is gearing up to raise its first special situations...

Consumer

23 April, 2019

Hotel Leelaventure's deal with Brookfield hits a wall as ITC moves NCLT

Cigarette-to-hotels company ITC Ltd has approached the National Company Law Tribunal (NCLT) against debt-ridden Hotel Leelaventure...

Premium

Infrastructure

22 April, 2019

Why bankruptcy court looks set to be Jet Airways' next destination

Arvind Gupta is one of Jet Airways’ 1.4 lakh shareholders. He says he wrote the obituary for India’s oldest private...