Beena Parmar
TMT
Kotak Pre-IPO Opportunities Fund marks first close to raise $185 mn
Kotak Investment Advisors Ltd today announced the first close of its new Kotak Pre-IPO Opportunities Fund at Rs 1,386 crore ......
Finance
World Bank's International Finance Corporation to invest in HDFC
World Bank's International Finance Corporation (IFC) will make a debt investment of up to $250 million (approximately Rs 186 crore) ......
Finance
Stressed Assets Wrap: Big case resolutions gather steam
The last two months witnessed the resolution of some marquee stressed assets as well as many small ticket recoveries being ......
Finance
Edelweiss Group to exit insurance broking business by selling stake to US JV partner
Edelweiss Group, a financial services entity, on Friday said it will exit its insurance broking business with the divestment of ......
Finance
Poonawalla group-backed Magma Fincorp gets new CFO
Adar Poonawalla group firm-controlled Magma Fincorp Ltd has appointed former Aditya Birla Finance executive Sanjay Miranka as its group chief ......
Infrastructure
Jet Airways lenders to take 9.5% stake, massive haircut
The final winning bidder consortium of Dubai-based businessman Murari Lal Jalan and German investor Florian Fritsch will acquire embattled Jet ......
Finance
HDFC takes 8.4% stake in Ansal Housing by invoking pledged shares
India’s largest private mortgage financier Housing Development Finance Corporation (HDFC) has acquired an 8.42% stake in Ansal Housing Ltd by ......
Consumer
Being Human's former business partner gets acquired under bankruptcy process
GB Global Ltd, ex-partner of actor Salman Khan’s apparel brand Being Human and formerly known as Mandhana Industries Ltd (MIL), ......
Infrastructure
Gammon India Group's stressed bridge attracts only 3 bids as several drop out of race
Of the 11 suitors for a stressed subsidiary of Gammon India Group, only three infrastructure firms have submitted final bids ......
Infrastructure
Prestige Estates Projects acquires bankrupt Ariisto Developers
Bengaluru-based Prestige Estates Projects has made an upfront payment of Rs 370 crore ($50 million) to the lenders of Mumbai’s ......
