Infrastructure
Coronavirus puts JSW's acquisition of GMR power project on ice
Sajjan Jindal-owned JSW Energy has put on hold its acquisition of debt-laden GMR Kamalanga Energy Ltd from GMR Energy in ......
Finance
Brookfield-IndoStar deal comes with fresh riders
Canadian investor Brookfield's deal to buy a stake in IndoStar Capital Finance Ltd, which is backed by private equity firm...
General
Why one-year suspension of bankruptcy law has put bankers, investors in tough spot
Creditors, investors and even companies involved in distressed asset resolution will suffer a major setback as the government...
Finance
Retail lending may revive only after festival season: Mahindra Finance chief
Over the past few years, Indian lenders—both banks and non-bank financial companies (NBFCs)—have relied heavily on retail lending to drive ......
Finance
Why calls for pre-packaged IBC deals, easing ban on promoters are getting louder
A pre-packaged deal mechanism for stressed assets and lifting a ban on promoters from bidding for the companies they once ......
TMT
Zomato to lay off 13% staff, cuts pay as lockdown hurts delivery biz
Zomato Media Pvt. Ltd will lay off 13% of its workforce and slash the salaries of all its employees, as ......
Manufacturing
Sequoia-backed glass maker's quest to rope in new investors hits a wall
Hindusthan National Glass & Industries Ltd’s plan to get new investors on board has hit a hurdle after a distressed...
General
Jet Airways lenders make fourth attempt to sell grounded carrier
Lenders to Jet Airways have decided to invite fresh expressions of interest for selling a stake in the bankrupt airline....
Finance
Banks weigh Sashakt panel-proposed fund to turn around stressed assets
Indian banks have revived discussions on setting up an asset management company and an alternative investment fund of around Rs...
Finance
ChrysCapital bets on another PE-backed private bank
India-focused private equity firm ChrysCapital has bought a minority stake in yet another private-sector bank, adding to its list...
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