Beena Parmar
Finance
Areion Asset Management gets early commitment for $64 mn stressed assets fund
Areion Asset Management Pvt. Ltd has received investor commitments for a fifth of its distressed assets vehicle’s second scheme but ......
Infrastructure
Two consortiums propose to restart Jet Airways, although somewhat differently
Jet Airways has attracted bids, finally, after spending more than a year in the insolvency resolution process. Two of the four ......
Finance
Blackstone-owned Aadhar Housing's CEO on pandemic's impact on business and more
In February 2019, Blackstone Group, the world’s largest private equity firm, inked a pact to acquire Aadhar Housing Finance Ltd. ......
Finance
Kotak Investment's $1 bn special situations fund seals second deal
An alternative assets fund of Kotak Investment Advisors Ltd, a wholly owned unit of Kotak Mahindra Bank, has struck its ......
Infrastructure
Jaypee Infratech's Yamuna Expressway draws investor interest
A marquee infrastructure investment firm has approached the lenders of debt-laden township developer Jaypee Infratech Ltd to acquire the Yamuna ......
Finance
Banks scramble to beef up defences as coronavirus threatens to sour loan books
Banks across the nation are raising or proposing to raise at least Rs 1.4 trillion ($19 billion) as the industry ......
Manufacturing
Once-iconic textile firm enters bankruptcy to weave its way out of crisis
A textile company that owns a once-iconic saree brand is the latest to enter bankruptcy proceedings after a Mumbai-based asset ......
Finance
Virus would have pushed viable firms towards premature death under IBC: IBBI chief
Last month, the government suspended triggering of insolvency cases against companies for any default for six months starting March 25, ......
Manufacturing
US hedge fund gets court approval to buy bankrupt Amtek Auto
US-based hedge fund Deccan Value Investors LP has received court approval to buy bankrupt auto component maker Amtek Auto Ltd ......
Infrastructure
Jet Airways lenders extend bid deadline once again
Lenders to Jet Airways (India) Ltd have yet again extended the deadline to bid for the bankrupt carrier. The airline’s Committee ......