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Beena Parmar

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Top asset reconstruction firm dials headhunters to hire new chief

Finance

01 October, 2020

Top asset reconstruction firm dials headhunters to hire new chief

One of India’s oldest and topmost asset reconstruction companies (ARCs) has appointed a US-based headhunting firm to find its new ......

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HSA Advocates exec joins as partner at Gurugram-based legal advisory firm

People

01 October, 2020

HSA Advocates exec joins as partner at Gurugram-based legal advisory firm

A former executive of HSA Advocates has joined as a partner with Gurugram-based legal advisory firm Pier Counsel to work on ......

Dhanlaxmi Bank shareholders vote for ouster after new CEO ‘shakes things up'

Finance

01 October, 2020

Dhanlaxmi Bank shareholders vote for ouster after new CEO ‘shakes things up'

In yet another instance of investors’ activism, Dhanlaxmi Bank’s chief executive officer and managing director was voted out at the ......

Indiabulls Housing offloads more stake in British lender's parent

Finance

30 September, 2020

Indiabulls Housing offloads more stake in British lender's parent

Indiabulls Housing Finance Limited has sold yet another piece of stake in the parent of British lender OakNorth Bank Ltd ......

RBI names panel to run Lakshmi Vilas Bank after shareholders reject board reappointments

Finance

28 September, 2020

RBI names panel to run Lakshmi Vilas Bank after shareholders reject board reappointments

The central bank on Sunday announced a panel that would oversee operations of old private-sector lender Lakshmi Vilas Bank a ......

Dewan Housing administrator files $1.7 bn fraud case against Kapil Wadhawan, others

Finance

28 September, 2020

Dewan Housing administrator files $1.7 bn fraud case against Kapil Wadhawan, others

The administrator of troubled Dewan Housing Finance Corporation Ltd (DHFL) has filed a case of fraud worth Rs 12,705 crore ......

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Normalcy in 9-12 months if helicopter cash rains: Kotak's Gupta

Finance

25 September, 2020

Normalcy in 9-12 months if helicopter cash rains: Kotak's Gupta

The Indian economy will recover in nine to 12 months and the most important factor for revival will be raining ......

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The Chatterjee Group gets closer to weaving a revival for once-iconic textile firm

Manufacturing

24 September, 2020

The Chatterjee Group gets closer to weaving a revival for once-iconic textile firm

A chemicals manufacturer that’s part of The Chatterjee Group (TCG) has got a nod from the committee of creditors (CoC) ......

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JM Financial ARC's wait to recover money from bankrupt textile firm gets longer

Manufacturing

24 September, 2020

JM Financial ARC's wait to recover money from bankrupt textile firm gets longer

JM Financial Asset Reconstruction Company Ltd will have to wait a little longer to recover its money from a bankrupt ......

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Two Japanese firms acquire majority stake in Bharat Insecticides

Manufacturing

23 September, 2020

Two Japanese firms acquire majority stake in Bharat Insecticides

Two Tokyo-based companies have jointly picked up a majority stake in agrochemical company Bharat Insecticides Ltd as they seek to ......