Finance
Kotak PE rules out new infra fund, may make fresh bets via stressed assets vertical
Kotak Investment Advisors Ltd has fully invested its infrastructure fund and plans to make fresh bets on the sector through ......
Finance
ICICI Bank to buy minority stake in Kisan Rural Finance
ICICI Bank will acquire a 9.9% stake in non-banking finance company Kisan Rural Finance Ltd for Rs 17.82 crore ($2.5 ......
Healthcare
Orchid Pharma set for fresh bidding after lngen Capital fails to inject funds
The insolvency resolution professional of debt-laden Orchid Pharma Ltd has again invited expressions of interest from potential...
Finance
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 ......
TMT
Exclusive: ARC emerges as front runner to take over debt-ridden Aircel
An asset reconstruction company is on track to take over debt-laden telecom firm Aircel, a person familiar with the development...
Finance
Kotak gets $500 mn commitment from SWF for stressed assets fund
Kotak Investment Advisors Ltd has floated a fund to invest in stressed assets and received a commitment of $500 million ......
Consumer
Brookfield's plan for big-ticket Indian hospitality deal hits rough weather
Canadian investment firm Brookfield Asset Management Inc.'s attempt to seal a big-ticket deal in India’s hospitality...
Infrastructure
GVK to buy Bidvest's stake in Mumbai airport for $175 mn
GVK Airport Holdings Ltd will acquire an additional 13.5% stake in Mumbai International Airport Ltd (MIAL) from South Africa's...
Finance
Credit reporting firm Equifax India set to see shareholding churn
US-based consumer credit reporting firm Equifax Inc.’s Indian subsidiary is set to go through a churn in its shareholding...
Finance
HDFC puts plan for stressed assets fund on the back burner
Housing Development Finance Corp has put on hold a plan to set up a fund to invest in stressed real ......