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Beena Parmar

SC deals blow to Ruias, other promoters seeking to regain control of insolvent firms

Finance

25 January, 2019

SC deals blow to Ruias, other promoters seeking to regain control of insolvent firms

The Supreme Court on Friday upheld the two-year-old Insolvency and Bankruptcy Code (IBC) in its entirety, thereby continuing to...

Jaypee Infra's lender panel okays deadline extension for filing resolution plan

Infrastructure

24 January, 2019

Jaypee Infra's lender panel okays deadline extension for filing resolution plan

The lenders’ panel of Jaypee Infratech has okayed the shortlisted bidders’ request to extend the deadline to submit...

Yes Bank gets RBI nod to appoint Deutsche Bank's Ravneet Gill as new CEO

Finance

24 January, 2019

Yes Bank gets RBI nod to appoint Deutsche Bank's Ravneet Gill as new CEO

India's Yes Bank said on Thursday it got the central bank's approval to name Ravneet Singh Gill as its new ......

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Niira Radia-run firm looks to acquire hospital arm of debt-laden group

Healthcare

23 January, 2019

Niira Radia-run firm looks to acquire hospital arm of debt-laden group

Nayati Healthcare & Research Pvt. Ltd, a hospital chain run by former public relations executive Niira Radia, is gearing up...

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How Dena Bank plans to clean up its books before merger with Bank of Baroda

Finance

23 January, 2019

How Dena Bank plans to clean up its books before merger with Bank of Baroda

Public-sector lender Dena Bank is aiming to auction off non-performing assets (NPAs) worth up to Rs 2,500 crore ($350 million)...

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How IIFL Finance is strengthening its capital base

Finance

18 January, 2019

How IIFL Finance is strengthening its capital base

IIFL Finance Ltd plans to add more fixed-income instruments and long-term borrowings to its debt capital,...

SBI puts its entire loan exposure to debt-laden Essar Steel on the block

Finance

16 January, 2019

SBI puts its entire loan exposure to debt-laden Essar Steel on the block

State Bank of India (SBI) has put its entire loan exposure to debt-laden Essar Steel Ltd worth Rs 15,431 crore ......

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Fundraising may suffer as more homebuyers drag developers to insolvency courts

Infrastructure

16 January, 2019

Fundraising may suffer as more homebuyers drag developers to insolvency courts

The real estate industry’s fundraising prospects may take a hit as freshly empowered homebuyers increasingly drag developers...

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SIDBI's Mohammad Mustafa on efforts to attract seasoned fund managers

People

14 January, 2019

SIDBI's Mohammad Mustafa on efforts to attract seasoned fund managers

The state-run Small Industries Development Bank of India (SIDBI) considers a fund-of-funds strategy more suitable for achieving its objective of ......

Retired SC judge should monitor all IL&FS asset sale proceedings: NCLAT

Finance

11 January, 2019

Retired SC judge should monitor all IL&FS asset sale proceedings: NCLAT

The National Company Law Appellate Tribunal (NCLAT) on Friday recommended that all future proceedings pertaining to the transfer...