Beena Parmar
Infrastructure
Kotak Special Situations Fund acquires 74% of stressed HKR Roadways
Kotak Special Situations Fund today announced its eighth deal to acquire 74% stake in stressed HKR Roadways owned by a ......
Finance
Tribunal asks DHFL administrator to table ex-promoter's offer before lenders
The bankruptcy tribunal today asked the administrator of Dewan Housing Finance Corporation Ltd (DHFL) to table a settlement offer from ......
Finance
Abu Dhabi Investment Authority sells stake in large Indian private sector lender
The United Arab Emirates based sovereign wealth fund Abu Dhabi Investment Authority (ADIA) has diluted its holding below 1% in ......
TMT
Affable, Pickright and Spark Studio raise funding
Singapore-based marketing-tech startup Affable.ai has raised $2 million (Rs 14.6 crore) from existing investors Prime Venture Partners, Decacorn Capital and ......
Finance
Lone Star Funds files case against RattanIndia Finance alleging fraud, irregularities
A subsidiary of US-based private equity firm Lone Star Funds has moved the court against RattanIndia Finance Pvt Ltd alleging ......
Manufacturing
Chennai steel maker to buy rival under Insolvency and Bankruptcy Code
A Tamil Nadu-based steel manufacturer is set to acquire bankrupt steelmaker Kamachi Industries beating three other applicants under the Insolvency ......
Infrastructure
Mumbai ARC buys small portion of GVK power plant's debt, gives lender 80% haircut
A Mumbai-based asset reconstruction company (ARC) has acquired some debt of a Punjab-based stressed power project owned by the GVK ......
Infrastructure
Suraksha pulls ahead of NBCC in Jaypee Infratech race
Suraksha group is likely to defeat state-owned construction firm NBCC India Ltd in the latest bidding war being waged for ......
Finance
TPG Growth, Norwest Venture, Evolvence invest more money in Ess Kay Fincorp
TPG Growth, Norwest Venture Partners and Evolvence have invested Rs 337 crore (about $45 million) in the Series E funding ......
Finance
SBI stressed assets specialist set to become first CEO of proposed bad bank
State Bank of India’s (SBI) Padmakumar Madhavan Nair has been appointed as chief executive officer of a bad bank or ......
