Beena Parmar
People
Blackstone elevates three executives to strengthen India leadership
Global private equity (PE) major Blackstone Group has promoted three executives in India in its PE and real estate divisions, ......
Finance
IL&FS Solar Power clears all debt
Debt-ridden Infrastructure Leasing and Financial Services (IL&FS) Group’s solar power firm said it has paid its entire debt worth almost ......
Manufacturing
TCG gets court nod to acquire bankrupt textile co
Purnendu Chatterjee led The Chatterjee Group (TCG) has received court approval to acquire a popular debt-ridden textile company under the ......
Manufacturing
Nithia Capital, CarVal Investors complete acquisition of two Uttam Galva units
Seven months after court approval, UK-based distressed steel investor Nithia Capital and American global alternative investment manager CarVal Investors have ......
Infrastructure
JC Flowers ARC, Cantor Fitzgerald mop up debt of road developer at huge discount
JC Flowers Asset Reconstruction Company (JCFARC) has teamed up with New York headquartered financial services firm Cantor Fitzgerald to acquire ......
Finance
Flashback 2020: RBI gets into rescue mode as banks, non-banks tide over tough year
In early March, three weeks before most of India went into a lockdown to fight the coronavirus pandemic, the Reserve ......
TMT
Podcast: Making sense of the bidding war for Dewan Housing's assets
In October last year, a forensic audit conducted by KPMG on behalf of lenders to Dewan Housing Finance Corp Ltd ......
Infrastructure
IL&FS to sell China road asset to Ping An Insurance
Infrastructure Leasing & Financial Services Ltd (IL&FS) is selling its stake in a Chinese road builder to a fund managed ......
Finance
Flashback 2020: Virus manages to shoo away almost everyone from stressed assets
The distressed assets market was still going through teething problems from the four-year bankruptcy law when the Covid-19 pandemic struck ......
Finance
Ten more join long queue for assets of debt-laden Reliance Capital
US-based alternative asset manager Apollo Global Management Inc and SBI Life Insurance Company Ltd are among the new 10 bidders ......
