Beena Parmar
Finance
Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare
Coronavirus has set off a flurry of renegotiations for distressed assets falling under the Insolvency and Bankruptcy Code (IBC) besides ......
Finance
ChrysCapital-backed Varthana raises debt funding from US development bank
The US International Development Finance Corporation (DFC) has disbursed a loan of $15 million (about Rs 113.25 crore) to Bengaluru-based ......
People
Ex-Hero MotoCorp finance chief, others invest in supply chain finance platform
Sensing a need to help businesses to overcome the cash flow crisis in the pandemic, a supply chain finance startup ......
Manufacturing
NCLT approves CarVal's bid for Uttam Value Steels
The National Company Law Tribunal (NCLT) has approved the resolution plan submitted by a consortium of CarVal Investors and UK-based ......
TMT
Indifi's Alok Mittal on how the pandemic may impact fintech lenders
The coronavirus pandemic and the nationwide lockdown have crippled business activities. This will impact banks, non-bank lenders and fintech firms, ......
Finance
ChrysCap goes long on another private-sector lender with around $30 mn bet
India-focused private equity firm ChrysCapital has bought a small stake in a mid-sized private-sector bank, adding to its exposure to ......
Finance
Axis Bank inks deal to own 30% of Max Life Insurance
Axis Bank has signed a deal to hold a 30% stake in Max Life Insurance Company Ltd, as India’s third-largest ......
Economy
RBI throws lifeline for mutual funds facing redemption pressure
Days after Franklin Templeton Mutual Fund declared the closure of six debt funds, the central bank has announced liquidity worth ......
Finance
Prudent ARC to roll out debut fund as coronavirus promises to serve up stressed assets
New Delhi-based Prudent ARC Ltd is in talks with investors to roll out its debut fund, a top executive told ......
Finance
Three lenders trim stake in Yes Bank within two weeks of investment
Three private-sector banks, which had pitched in to save Yes Bank from the brim of a collapse last month, have ......
