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Beena Parmar

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KKR puts India ARC plans on the backburner, CEO pick quits

Finance

14 August, 2020

KKR puts India ARC plans on the backburner, CEO pick quits

Global private equity firm KKR & Co. appears to have shelved its plan to operate an asset reconstruction company in ......

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IL&FS PE-backed distressed rose producer gets three proposals to exit insolvency

General

13 August, 2020

IL&FS PE-backed distressed rose producer gets three proposals to exit insolvency

A Bengaluru-based floriculture company that emerged as India’s largest producer of cut roses a decade ago before falling on hard ......

KKR's India NBFC drags Sintex unit to bankruptcy court

Manufacturing

12 August, 2020

KKR's India NBFC drags Sintex unit to bankruptcy court

KKR India Financial Services Ltd, the non-bank lending arm of the global private equity firm, has approached the bankruptcy court ......

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Bank of Baroda aims to recover $1.7 bn of bad loans in FY21, about half via bankruptcy

Finance

11 August, 2020

Bank of Baroda aims to recover $1.7 bn of bad loans in FY21, about half via bankruptcy

Bank of Baroda aims to recover not less than Rs 13,000 crore ($1.74 billion) worth of non-performing assets (NPAs) for ......

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Law firm Singh & Associates hires partner to lead indirect tax practice

Finance

07 August, 2020

Law firm Singh & Associates hires partner to lead indirect tax practice

Full-service law firm Singh & Associates is foraying into indirect tax practice and has recruited a partner from Ashok Dhingra ......

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In stressed assets, it doesn't make sense to get cute with disclosures: Sashakt chief

Finance

07 August, 2020

In stressed assets, it doesn't make sense to get cute with disclosures: Sashakt chief

In May 2020, two people in the know told VCCircle that lenders are reconsidering the option of a so-called “bad ......

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Carlyle-backed PNB Housing taps another SBI veteran to be CEO

Finance

06 August, 2020

Carlyle-backed PNB Housing taps another SBI veteran to be CEO

PNB Housing Finance Ltd, which is part-owned by private equity firm Carlyle, has appointed a former head of SBI Cards ......

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Emkay Global hires institutional equities head from SBICAP

Finance

06 August, 2020

Emkay Global hires institutional equities head from SBICAP

Research and brokerage firm Emkay Global Financial Services Ltd has roped in SBICAP Securities’ former head of institutional equities as ......

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M&A Lab: Two years after AION-JSW takeover, is Monnet Ispat out of the furnace?

Manufacturing

05 August, 2020

M&A Lab: Two years after AION-JSW takeover, is Monnet Ispat out of the furnace?

In July 2018, when a consortium of stressed assets-focussed private equity firm AION Capital and JSW Steel Ltd won a ......

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Conglomerate, ARC, developer make shortlist for distressed realty firm HDIL

Infrastructure

04 August, 2020

Conglomerate, ARC, developer make shortlist for distressed realty firm HDIL

A diversified conglomerate, an asset reconstruction company and a real estate developer have been shortlisted from six suitors for Housing ......