Beena Parmar
Finance
Bhushan Power, NOCL lead March stressed assets resolutions; Upsurge in new cases under IBC
India’s stressed assets market saw the resolution of several pending cases in bankruptcy court in March, including big-ticket ones involving Bhushan Power & Steel (BPSL), Nagarjuna Oil Corporation ......
Finance
Kotak Special Situations Fund invests in AGS Transact
Kotak Special Situations Fund has invested Rs 350 crore ($47.6 million) in payment solutions provider AGS Transact Technologies in the ......
Finance
Nuveen Global Impact leads funding for Annapurna Finance
Microfinance institution Annapurna Finance, backed by Asian Development Bank (ADB) and Oman India Joint Investment Fund (OIJIF), has raised $30 ......
Manufacturing
JSW Steel yanks Bhushan Power out of long-drawn bankruptcy
After over three years of bankruptcy, Bhushan Power and Steel has been bought by JSW Steel for $2.7 billion (Rs ......
Consumer
JM Financial India Fund II invests in packaging solutions firm Canpac Trends
JM Financial India Fund II has invested Rs 60 crore ($8.3 million) in Canpac Trends, a Gujarat-based folding carton and ......
Finance
Eight Capital's Ravi Chachra on the new distressed fund, bad bank and opportunities ahead
Distressed assets investor Eight Capital Management, which announced a new $500 million fund in January in a joint venture with ......
Infrastructure
Former GIC backed shipping company dragged to bankruptcy court
A Mumbai based shipping company, once backed by several leading private equity investors including Singapore sovereign wealth fund GIC, has ......
Finance
IFC commits $50 million to Gaja Capital's fourth fund
The International Finance Corporation (IFC) has made a commitment to invest $50 million in Gaja Capital’s fourth fund, likely to ......
Finance
PAG completes control deal for Edelweiss Wealth Management
Asia-focused private equity investor PAG has made primary and secondary investments worth Rs 2,366 crore ($326 million) in Edelweiss Wealth ......
Infrastructure
TCG-backed Haldia Petrochemicals gets third time lucky with Nagarjuna Oil Corp
Two years after the lenders of Nagarjuna Oil Corporation rejected Haldia Petrochemicals’ resolution plan, a bankruptcy court has cleared the ......
