Beena Parmar
Finance
SBI board okays $975 mn investment in moratorium-hit Yes Bank
State Bank of India’s board has approved an investment of Rs 7,250 crore ($975 million) in cash-starved private sector lender ......
Infrastructure
Jet Airways gets no bids, almost certain to be liquidated
Bankrupt carrier Jet Airways (India) Ltd has failed to attract any buyer and is likely to be sent for liquidation ......
Manufacturing
JSW's Sajjan Jindal eyes another stressed assets target, set to buy steel firm
Billionaire Sajjan Jindal-owned JSW Projects Ltd is close to sealing a deal for a majority stake in a distressed steelmaker, ......
Finance
Avanse Financial CEO on growth plan under new majority owner Warburg Pincus
In March 2019, private equity firm Warburg Pincus agreed to acquire an 80% stake in education lender Avanse Financial Services ......
Finance
SBI may take up to 49% stake in Yes Bank under RBI bailout plan
The Reserve Bank of India (RBI) has outlined a scheme to revive Yes Bank that proposes State Bank of India ......
Infrastructure
As Adani lumbers towards Dighi Port acquisition, promoter cries foul
The bankruptcy tribunal has okayed Adani Ports and Special Economic Zone Ltd’s resolution plan for debt-laden Dighi Port Ltd while ......
TMT
Creditors okay Mukesh Ambani, UV ARC's resolution plans for R-Com, subsidiaries
A creditor panel led by the State Bank of India has okayed the bankruptcy resolution plans of Mukesh Ambani-owned Reliance ......
Finance
Insolvency court orders to liquidate fugitive Nirav Modi's scam-hit firm
Fugitive diamantaire Nirav Modi's firm Firestar Diamond International Pvt. Ltd is set to be liquidated after the Mumbai bench of ......
Healthcare
Top court sets aside NCLAT order on Dhanuka's offer for Orchid Pharma
The Supreme Court has set aside an insolvency appeals court’s order against Dhanuka Laboratories Ltd’s resolution plan to acquire debt-laden ......
Infrastructure
IVRCL gets bid for sale of company as going concern under liquidation
Hyderabad-based construction firm IVRCL Ltd is set to become the first company under liquidation to be sold as a going ......
