Beena Parmar
Markets
SEBI looks to ease fundraising norms for distressed companies
The Securities and Exchange Board of India (SEBI) has proposed to relax fundraising norms for distressed companies to help them ......
Finance
Centrum-backed steel firm ropes in foreign investor to buy out debt purchasers
A steel firm backed by Centrum Group’s microlender Altura and Anand Rathi Group’s NBFC arm has roped in a foreign ......
Finance
This might be a record year as bankruptcies go through the roof: Dhruva Advisors partner
The number of bankruptcies this year could be at least four to five times that of last year owing to ......
Finance
CX Partners, NewQuest trim stake in financial services firm
Four private equity investors including CX Partners and NewQuest Capital Partners have reduced their stake in the holding company of ......
Infrastructure
Jet revival prospects worsen as coronavirus prompts suitor to reconsider boarding carrier
Revival prospects for Jet Airways have worsened exactly a year after the carrier operated its last flight as coronavirus has ......
Infrastructure
IL&FS sells entire stake in wind energy business to Orix
Infrastructure Leasing & Financial Services (IL&FS) said it has completed the sale of its wind energy business to its Japanese ......
Economy
Barclays slashes India's GDP forecast as govt extends lockdown
UK’s Barclays bank has cut India’s GDP forecast to 0.8%, from an earlier estimate of 3.5% for the financial year ......
Finance
India's $28-bn microfinance sector braces for turmoil as third crisis hits in a decade
Gagan Kumar, who runs a small hair salon in Mumbai’s Borivali suburb, is a worried man these days. Kumar had ......
Finance
Arcil halts bad-loan purchases, focuses on recovery amid coronavirus lockdown
Asset Reconstruction Company (India) Ltd, or Arcil, has decided not to acquire any soured debt during the current quarter and ......
Finance
Duff & Phelps elevates two India execs, 30 others as managing directors
US-based advisory and financial consulting firm Duff & Phelps has promoted 32 executives, including two from its Mumbai office, as ......
