Beena Parmar
Finance
Reliance Home Finance gets only two binding bids from six suitors
Of the six entities that are in fray for debt-laden Reliance Home Finance Ltd, only two have submitted binding bids, ......
Finance
SBI-backed Neev Fund tops up first private equity vehicle
Private equity investor Neev Fund, floated by State Bank of India in partnership with the UK’s Department for International Development, ......
Manufacturing
UK's Liberty House acquires second firm under insolvency law
UK-based Liberty House Group has completed its second acquisition under the bankruptcy process with the purchase of an Andhra Pradesh-based ......
Manufacturing
Vedanta Group gets bankers' nod to buy 13 Videocon companies
Billionaire businessman Anil Agarwal's family firm got bankers’ approval on Wednesday to acquire 13 companies of insolvent consumer appliances maker ......
Finance
PE-backed ARC among bidders for Anil Ambani's home finance arm
Four asset reconstruction companies (ARCs) and a non-banking finance company have submitted bids for Reliance Group’s (formerly Anil Dhirubhai Ambani ......
Finance
SEBI clears new shareholding norms for companies in bankruptcy
The Securities and Exchange Board of India finalised new norms Wednesday for companies that find a new owner after going ......
Manufacturing
Speciality chemicals firm Laxmi Organic files for IPO
Mumbai-based Laxmi Organic Industries Ltd, a manufacturer of acetyl intermediates and speciality intermediates, has filed for an initial public offering ......
Manufacturing
JM Financial ARC, US firm invest $28 mn in textile company
Homegrown financial services firm JM Financial Ltd’s asset reconstruction arm and a San Francisco, US-based investment firm are picking up ......
TMT
Actor Sonu Sood picks up stake in BK Modi group firm Spice Money
Actor Sonu Sood has picked up a minority stake in the rural fintech arm of BK Modi group company Digispice ......
Finance
Oaktree bids most for Dewan Housing as Piramal, Adani revise offers
US-based Oaktree Capital Management has likely submitted the highest bid for Dewan Housing Finance Corp (DHFL) even as Piramal Group ......