Beena Parmar
Finance
SBI gets new head to wrestle down bad loans worth $17.5 bn
India’s largest lender State Bank of India (SBI) has appointed a new managing director (MD) to manage down gross non-performing ......
Finance
Who voted out TPG's Bhatia from Shriram Transport Finance board?
In a relatively rare case of shareholder activism in India, one of the longest-serving board members of a finance firm ......
Manufacturing
Shree Renuka Sugars makes final stab at debt, hopes to shake off NPA image at last
Shree Renuka Sugars, one of the top three sugar makers in India that has been working to shed its non-performing ......
Finance
Baring PE Asia betting $133 mn on RBL Bank; Gaja to return, CDC topping up
Baring Private Equity Asia will become the biggest shareholder of India’s mid-sized private-sector lender RBL Bank by picking up a ......
Manufacturing
M&A Lab: Bhushan Steel on the mend in Tata avatar but ghost of bankruptcy haunts
In May 2018, Tata Steel Ltd acquired Bhushan Steel Ltd for Rs 35,200 crore in its biggest purchase of a ......
Manufacturing
Chinese firm snaps up Centum Electronics' French energy division
Bengaluru-based Centum Electronics Ltd has sold its French energy business to a Chinese company for €9.8 million (around $11.6 million ......
Finance
Fund Scan: How debt and distress dominate Ares SSG's playbook
For a credit-focussed investor that likes to stay under the radar, SSG Capital has made a lot of moves in ......
Finance
GIC ups stake in lender with single-biggest India cheque of 2020
Singapore sovereign wealth fund GIC has made its single-largest investment of 2020 in India thus far as it increased its ......
Finance
A lot of uncertainty next year but Aye Finance will remain profitable: MD Sanjay Sharma
Gurugram-based Aye Finance Pvt. Ltd managed to raise funding in the coronavirus pandemic. Last month, VCCircle reported that the fintech lending ......
Infrastructure
Ares SSG looks to step up India real estate play after sealing Altico deal
Hong Kong-based stressed asset specialist Ares SSG Group plans to expand its real estate playbook in India as it explores ......
