Beena Parmar
Finance
Piramal to get funding from StanChart, Barclays Bank for DHFL buyout
Piramal Group is set to receive Rs 13,500 crore ($1.8 billion) in loans from two foreign lenders Barclays Bank and ......
Infrastructure
Bankrupt realty firm Jaypee Infratech's lenders to vote on winner next week
Lenders of bankrupt real estate developer Jaypee Infratech on Thursday decided to vote on the winning resolution plan next week. The ......
Finance
Apollo Global Management casts a wider net with credit deals, larger buyouts
More than a year after it disbanded its joint venture vehicle with ICICI Venture, Apollo Global Management is trying out ......
Consumer
How much did Advent make from Crompton Greaves Consumer Electricals
US private equity firm Advent International Corporation has made over 3.5x returns by exiting Crompton Greaves Consumer Electricals after five ......
Finance
Lenders eye large accounts this year to arrest declining trend in recoveries
Recoveries made by financial creditors through the Insolvency and the Bankruptcy Code declined to a fourth in FY21 as compared ......
Consumer
NCLT approves Vedanta arm's bid to acquire bankrupt Videocon Industries
In an over 95% haircut to bankers, the Mumbai bench of insolvency tribunal has cleared Vedanta Group arm’s resolution plan ......
Infrastructure
Jaypee Infratech lenders to consider bids on Thursday; Suraksha revises offer
Bankrupt realty developer Jaypee Infratech's committee of creditors (CoC) will consider bids of both state-owned NBCC (India) Ltd and realty ......
Finance
Awaited judgment on DHFL promoter will put bankruptcy law to test once again
The top court’s verdict on the first financial services company facing bankruptcy, which is expected soon, will once again put ......
Finance
State-owned banks identify $12 bn NPAs to be transferred to bad bank
Public sector banks have identified a total of 22 large bad loan accounts worth Rs 89,000 crore (approximately $12.2 billion) ......
Finance
Punjab National Bank to buy stake in bad bank
Government-owned Punjab National Bank (PNB) on Saturday said it will acquire a stake in the soon-to-be-set-up National Asset Reconstruction Company ......
