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Beena Parmar

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Stressed assets on pause for now but coronavirus aftermath poses shakeout risks

Finance

03 April, 2020

Stressed assets on pause for now but coronavirus aftermath poses shakeout risks

Even as the entire stressed asset ecosystem is almost on pause in the pandemic, both buyers and sellers are bracing ......

Podcast: Distressed asset funds see opportunity in coronavirus crisis

Finance

02 April, 2020

Podcast: Distressed asset funds see opportunity in coronavirus crisis

As the world at large continues to try and contain the coronavirus pandemic, India is staring at a potential crisis ......

Dhanuka Laboratories takes over Orchid Pharma under insolvency plan

Healthcare

01 April, 2020

Dhanuka Laboratories takes over Orchid Pharma under insolvency plan

Dhanuka Laboratories Ltd has taken over Orchid Pharma Ltd as per an insolvency resolution plan that was approved by courts ......

GIC-backed IndusInd Bank's promoters redeem pledged shares as stock slides

Finance

01 April, 2020

GIC-backed IndusInd Bank's promoters redeem pledged shares as stock slides

IndusInd Bank’s promoters have redeemed all pledged shares to repay a foreign bank loan, as the private-sector lender attempts to ......

Premium
How CDC's four-year-old bet on India Infoline Finance went underwater

Finance

31 March, 2020

How CDC's four-year-old bet on India Infoline Finance went underwater

CDC Group Plc is staring at a steep loss on its investment in India Infoline Finance Ltd as the non-banking ......

Suzlon Energy gets lenders' nod for debt resolution plan

Manufacturing

30 March, 2020

Suzlon Energy gets lenders' nod for debt resolution plan

Suzlon Energy Ltd, which last year disclosed a default of more than $1 billion, has received approval from its lenders ......

Insolvency resolution to exclude lockdown period from 330-day time frame

Finance

30 March, 2020

Insolvency resolution to exclude lockdown period from 330-day time frame

The 330-day time frame for resolution of cases under the Insolvency and Bankruptcy Code (IBC) will now exclude the national ......

Yes Bank plans to raise $666 mn more after govt bailout

Finance

26 March, 2020

Yes Bank plans to raise $666 mn more after govt bailout

Yes Bank Ltd has approved plans to raise up to Rs 5,000 crore ($666 million) to strengthen its capital base ......

Premium
Distressed asset funds smell blood as coronavirus bites businesses

Finance

26 March, 2020

Distressed asset funds smell blood as coronavirus bites businesses

Even as the world trembles from Covid-19 and its effects on the economy, distressed asset investors are shaking with excitement ......

Premium
Why NBFCs face bigger headache than banks from coronavirus

Finance

25 March, 2020

Why NBFCs face bigger headache than banks from coronavirus

India’s non-banking finance companies face more pain in coming months as a nationwide lockdown to battle the coronavirus pandemic threatens ......