Beena Parmar
Manufacturing
Lenders okay JC Flowers ARC's bumped-up purchase plan for stressed pipemaker
Lenders led by government-owned Canara Bank have okayed JC Flowers Asset Reconstruction Company’s bumped-up acquisition plan for a Hyderabad-based stressed ......
Infrastructure
Jaypee Infratech's lenders choose Suraksha over NBCC as winning bidder
Real estate major Suraksha Group has defeated state-owned NBCC (India) Ltd by a narrow margin in the vote held by ......
Finance
Kingfisher Airlines lenders recover $787 mn by selling pledged shares
Nine years after bankrupt Kingfisher Airlines Ltd was grounded, the State Bank of India-led lenders consortium has managed to recover ......
Infrastructure
UK's private equity firm Actis to acquire Fortum's two Indian solar projects
UK's infrastructure-focused private equity firm Actis has signed a deal to acquire Finnish state-controlled firm Fortum Oyj’s two solar power ......
Finance
Edelweiss gears up for Series IIIA as Crossover III set to hit final close by next month
Edelweiss Wealth Management will launch Series IIIA fund right after the Series III vehicle hits final close by early next ......
Infrastructure
Bankruptcy tribunal okays Jet's revival plan proposed by Kalrock Capital and Jalan
In a step ahead for the revival of embattled Jet Airways, the bankruptcy tribunal has approved the resolution plan of ......
Infrastructure
Consortium led by Delhi realty investor set to acquire Prius Group's bankrupt arm
A consortium led by a Delhi-based real estate investment firm is set to acquire a subsidiary of stressed real estate ......
Finance
PNB Housing Finance appeals SEBI order delaying Carlyle-led fundraise
A day after the markets regulator delayed global private equity major Carlyle’s investment plan for PNB Housing Finance, the lender ......
Finance
Authum Investment emerges as highest bidder for stressed Reliance Home Finance
Mumbai-based non-bank lender Authum Investment and Infrastructure has emerged as the highest bidder for debt-laden Reliance Home Finance. Authum’s Rs 2,911 ......
Infrastructure
Adani gets lenders' nod to buy bankrupt Essar Power MP
Adani Power has emerged as a successful bidder for Essar Power's 1,200 megawatt (MW) thermal power project in Singrauli, Madhya ......
