Beena Parmar
Infrastructure
IL&FS's energy advisory business lands up on chopping block
Debt-laden Infrastructure Leasing & Financial Services Ltd has put the energy advisory business of IL&FS Energy Development Company Ltd (IEDCL) ......
Finance
RBI nixes Muthoot Finance's plan to buy IDBI Mutual Fund
The Reserve Bank of India (RBI) has nixed Muthoot Finance Ltd’s plans to enter into the mutual fund business by ......
Finance
Indiabulls group looks to sell ARC arm as pandemic bites
Indiabulls group has decided to put up its four-year-old asset reconstruction company (ARC) for sale as it looks to exit ......
Finance
HDFC to pick up 20% stake in Mumbai ARC
India’s largest private-sector mortgage lender HDFC Ltd is set to foray into the asset reconstruction business as it has announced ......
Finance
Ares SSG picks up 10% stake in housing finance firm
Alternative asset manager Ares SSG (previously known as SSG Capital) has picked up almost 10% in one of India’s largest ......
Finance
What valuation did brokerage firm Way2Wealth fetch as it gets a buyer?
Way2Wealth Securities Pvt. Ltd, a Bengaluru-based stock broking company, is changing ownership after Coffee Day Enterprises Ltd signed a pact ......
Finance
IL&FS non-banking unit puts $645 mn corporate loans on sale
Infrastructure Leasing & Financial Services Limited’s (IL&FS) wholly owned non-banking arm has put up on sale all its corporate loans, ......
Finance
Yes Bank CEO on tackling NPAs, reviving loan growth and more
On March 5, Prashant Kumar, then the finance chief of State Bank of India, was tasked with leading troubled lender ......
Finance
BlackSoil hits first close of maiden secured credit fund
Mumbai-based alternative credit platform BlackSoil Capital Pvt. Ltd has marked the first close of its debut secured debt fund after ......
Finance
Two players stop chasing financially troubled Religare Finvest
At least two entities interested in acquiring financially-troubled Religare Finvest Ltd have withdrawn from the race, two people aware of ......
