Finance
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 ......
General
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...
Manufacturing
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...
Finance
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 ......
Finance
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...
Finance
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 ......
Finance
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 ......
Finance
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...
Manufacturing
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 ......
Infrastructure
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...
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