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Beena Parmar

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Troubled IL&FS invites bids for control of road repair unit in Vietnam

Infrastructure

19 March, 2021

Troubled IL&FS invites bids for control of road repair unit in Vietnam

Debt laden Infrastructure Leasing and Financial Services (IL&FS) Ltd has invited bids for Singaporean unit’s controlling stake in a Vietnamese ......

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Infra solutions provider, once backed by Sequoia, ordered for liquidation

Infrastructure

18 March, 2021

Infra solutions provider, once backed by Sequoia, ordered for liquidation

An infrastructure solutions provider, once funded by Sequoia and ChrysCapital, has been ordered for liquidation by the bankruptcy tribunal. “Considering the ......

GIC, ADIA, others come in as anchors for Nazara Technologies' IPO

TMT

17 March, 2021

GIC, ADIA, others come in as anchors for Nazara Technologies' IPO

Gaming firm Nazara Technologies, whose initial public offering opened today, saw sovereign wealth funds Abu Dhabi Investment Authority and Singapore’s ......

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Covid dents Edelweiss ARC's debt purchase by at least 40%

Finance

17 March, 2021

Covid dents Edelweiss ARC's debt purchase by at least 40%

Financial services major Edelweiss group’s asset reconstruction company is expected to see a dip in debt purchase and recoveries this ......

GMM Pfaudler to buy assets of firm via liquidation process

Manufacturing

16 March, 2021

GMM Pfaudler to buy assets of firm via liquidation process

GMM Pfaudler, the Indian unit of US-based Pfaudler Inc, will likely pick up its first asset under the liquidation process ......

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GIC invests across financial, real estate and consumer sectors in single day

Finance

16 March, 2021

GIC invests across financial, real estate and consumer sectors in single day

Singapore’s sovereign wealth fund GIC Pte Ltd has invested over Rs 1,000 crore ($138 million) in three listed Indian firms ......

Allianz, Kotak investment arms join hands to invest in private credit market

Finance

15 March, 2021

Allianz, Kotak investment arms join hands to invest in private credit market

Allianz Investment Management, part of German insurer Allianz Group, has partnered with local private equity firm Kotak Investment Advisors to ......

Axis Bank to buy stake in Max Bupa Health's promoter

Finance

15 March, 2021

Axis Bank to buy stake in Max Bupa Health's promoter

Bain Capital-backed Axis Bank will acquire a 9.9% stake in the promoter entity of Max Bupa Health Insurance Company for ......

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GIC sits on 1.2X gains from listed mortgage company

Finance

15 March, 2021

GIC sits on 1.2X gains from listed mortgage company

Singapore sovereign wealth fund GIC has offloaded additional stake from its four-year-old investment in Mumbai-listed housing finance company, taking home ......

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Essar group sees second firm fall into bankruptcy

Infrastructure

12 March, 2021

Essar group sees second firm fall into bankruptcy

A second Essar group firm has been admitted to insolvency by the National Company Law Tribunal (NCLT) over a default ......