Beena Parmar
Finance
NCLT approves Piramal offer to acquire DHFL with conditions
An insolvency court today conditionally approved Piramal Group’s overall resolution plan for financially troubled Dewan Housing Finance Corporation Ltd (DHFL) ......
Manufacturing
ArcelorMittal gets creditors' nod for distressed Uttam Galva Steel
ArcelorMittal, one of the world’s largest steelmakers, resolution plan has received approval from the creditors of Uttam Galva Steels Ltd ......
Finance
Edelweiss set to launch its third distressed fund by month end
Edelweiss Group’s alternative assets investment arm is set to launch its third distressed fund by this month end to tap ......
Finance
Caspian Impact Advisers to float fifth fund in third quarter
Impact investment firm Caspian Impact Investment Adviser Pvt. Ltd will launch its fifth fund later this year with a focus ......
Manufacturing
Maithan Alloys to buy Andhra plant in liquidation process, over 90% haircut for lenders
Maithan Alloys Ltd, one of India’s largest manganese alloy producers, will acquire a Kolkata-based firm which owns a manufacturing unit ......
Consumer
Edelweiss ARC completes acquisition of 10% stake in Tilaknagar Industries
Edelweiss Asset Reconstruction Company Ltd has completed its acquisition of a minority stake in Tilaknagar Industries Ltd as part of ......
TMT
Mumbai IT firm pushed into bankruptcy again, this time by disgruntled ex-employee
A Mumbai-based information technology firm, which has flitted in and out of bankruptcy a couple of times in the past, ......
Finance
Capital raised from primary markets in FY22 will surpass previous fiscal: Kotak i-banking CEO
Since January this year, as many as 18 Indian firms have hit the public markets to raise close to Rs ......
Finance
Hindustan Construction Company board okays resolution plan to reduce debt
The board of Hindustan Construction Company Ltd (HCC) has approved a debt resolution plan of the firm in a bid ......
Finance
Jio moves bankruptcy tribunal for audit reports on Reliance Infratel, parent
Reliance Jio Infocomm has moved the bankruptcy tribunal for forensic audit reports on tower firm Reliance Infratel and parent Reliance ......
