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Beena Parmar

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Supreme Facility Management takes control of engineering firm

Infrastructure

22 September, 2020

Supreme Facility Management takes control of engineering firm

Pune-based Supreme Facility Management Pvt. Ltd has acquired a 66% stake in an eight-year-old engineering services company, a senior executive ......

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Valuations down 15-20% across the board: Alvarez & Marsal MD

Finance

21 September, 2020

Valuations down 15-20% across the board: Alvarez & Marsal MD

Resolution and turnaround of distressed corporates is fast becoming the need of the hour as the coronavirus has left several ......

Anu Tiwari rejoins Cyril Amarchand Mangaldas as partner

Finance

18 September, 2020

Anu Tiwari rejoins Cyril Amarchand Mangaldas as partner

Full-service law firm Cyril Amarchand Mangaldas said Anu Tiwari has rejoined as a partner in its financial regulatory practice after ......

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New insolvency cases touch over 3-year low in pandemic-hit June quarter

Finance

17 September, 2020

New insolvency cases touch over 3-year low in pandemic-hit June quarter

New insolvency cases dropped during pandemic-stricken April-June to the lowest in 13 quarters, showed the latest data by the Insolvency ......

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IL&FS PE-backed floriculture firm heads for liquidation

General

15 September, 2020

IL&FS PE-backed floriculture firm heads for liquidation

A bankrupt floriculture company that counts IL&FS Private Equity as an investor and was India’s largest producer of cut roses ......

Amtek Auto's three-year-long quest to come out of bankruptcy gets longer

Manufacturing

14 September, 2020

Amtek Auto's three-year-long quest to come out of bankruptcy gets longer

Amtek Auto Ltd’s debt resolution process has hit another hurdle as US hedge fund Deccan Value Investors, which received court ......

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Indiabulls Housing strikes multi-bagger as UK's OakNorth valued at $2.1 bn

Finance

10 September, 2020

Indiabulls Housing strikes multi-bagger as UK's OakNorth valued at $2.1 bn

Indiabulls Housing Finance Ltd has made a multi-fold gain by selling another chunk of its stake in British lender OakNorth ......

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Top executive quits Ares SSG-backed asset reconstruction firm

Finance

09 September, 2020

Top executive quits Ares SSG-backed asset reconstruction firm

The chief executive and managing director of an asset reconstruction firm, backed by alternative asset manager Ares SSG (previously SSG ......

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Kotak Special Situations Fund's CEO on impact of pandemic, RBI debt recast on deals

Finance

08 September, 2020

Kotak Special Situations Fund's CEO on impact of pandemic, RBI debt recast on deals

Kotak Investment Advisors Ltd, the alternative assets arm of banker Uday Kotak-led financial services group, raised $1 billion (around Rs ......

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How ArcelorMittal Nippon is reforging Essar Steel after takeover

Manufacturing

07 September, 2020

How ArcelorMittal Nippon is reforging Essar Steel after takeover

When brothers Shashi and Ravi Ruia set up Essar Steel India Ltd in 1998, they may never have imagined that ......