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Beena Parmar

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Kotak PE rules out new infra fund, may make fresh bets via stressed assets vertical

Finance

06 March, 2019

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 ......

ICICI Bank to buy minority stake in Kisan Rural Finance

Finance

05 March, 2019

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 ......

Orchid Pharma set for fresh bidding after lngen Capital fails to inject funds

Healthcare

04 March, 2019

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...

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Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta

Finance

04 March, 2019

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 ......

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Exclusive: ARC emerges as front runner to take over debt-ridden Aircel

TMT

01 March, 2019

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...

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Kotak gets $500 mn commitment from SWF for stressed assets fund

Finance

28 February, 2019

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 ......

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Brookfield's plan for big-ticket Indian hospitality deal hits rough weather

Consumer

27 February, 2019

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...

GVK to buy Bidvest's stake in Mumbai airport for $175 mn

Infrastructure

25 February, 2019

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...

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Credit reporting firm Equifax India set to see shareholding churn

Finance

22 February, 2019

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...

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HDFC puts plan for stressed assets fund on the back burner

Finance

21 February, 2019

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 ......