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Beena Parmar

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VCCircle summit panel urges govt, investors to chuck more bucks at drug R&D

Healthcare

11 December, 2020

VCCircle summit panel urges govt, investors to chuck more bucks at drug R&D

The Indian government and the local industry must hike their budgets for pharma research and development to catch up with ......

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Värde Partners to invest $135 mn in southern real estate firm

Finance

10 December, 2020

Värde Partners to invest $135 mn in southern real estate firm

Alternative investment firm Värde Partners will invest Rs 1,000-1,250 crore ($135-170 million) in a south Indian real estate firm, two ......

Varroc Engineering takes full control of Romanian unit

Manufacturing

09 December, 2020

Varroc Engineering takes full control of Romanian unit

Automotive component maker Varroc Engineering Ltd has bought the 30% stake it didn’t already own in its Romanian unit from ......

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Reliance Infratel lenders to take 90% haircut as Jio set to take control

TMT

07 December, 2020

Reliance Infratel lenders to take 90% haircut as Jio set to take control

Reliance Infratel Ltd’s financial creditors will take a haircut of as much as 90% on their loans under a court-approved ......

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Godrej Housing CEO Manish Shah on growth pillars, supply-demand challenges and more

Finance

04 December, 2020

Godrej Housing CEO Manish Shah on growth pillars, supply-demand challenges and more

Diversified conglomerate Godrej Group entered the crowded housing finance sector last month. The entry comes at a time when not ......

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Cube Highways to buy road tunnel in its biggest India deal

Infrastructure

03 December, 2020

Cube Highways to buy road tunnel in its biggest India deal

Cube Highways and Infrastructure Pte Ltd is set to acquire a road tunnel from Infrastructure Leasing & Financial Services Ltd ......

Reliance Jio gets NCLT nod to buy Anil Ambani's debt-laden tower firm

TMT

03 December, 2020

Reliance Jio gets NCLT nod to buy Anil Ambani's debt-laden tower firm

The bankruptcy tribunal has approved billionaire Mukesh Ambani-led Reliance Jio’s plan to acquire younger brother Anil Ambani’s debt-laden Reliance Infratel ......

PE firms, ARCs queue up for Reliance Capital's assets

Finance

03 December, 2020

PE firms, ARCs queue up for Reliance Capital's assets

Blackstone, KKR, Bain Capital, JC Flowers and others have submitted Expressions of Interest (EOIs) for different assets of debt-laden Reliance ......

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ARC prepares to swoop in on steel firm even as lenders near one-time settlement

Manufacturing

02 December, 2020

ARC prepares to swoop in on steel firm even as lenders near one-time settlement

A top asset reconstruction company (ARC) is circling a steel maker even as lenders near a one-time settlement (OTS) with ......

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Tata Capital to reduce focus on unsecured and SME loans: CEO

Finance

30 November, 2020

Tata Capital to reduce focus on unsecured and SME loans: CEO

Tata Capital Ltd, the financial services arm of the diversified Tata Group, is focused on growing its secured loan book ......