Beena Parmar
Finance
Bankruptcy tribunal okays state-owned NBCC's bid for Jaypee Infratech
The National Company Law Tribunal on Tuesday approved the proposal of state-owned construction firm NBCC (India) Ltd to acquire debt-ridden ......
People
Blackstone's India bad loan arm plans to expand leadership team
Global private equity giant Blackstone plans to grow the leadership team at its asset reconstruction arm in India, a top ......
Manufacturing
Kotak stressed assets fund pulls Jindal Stainless out of debt rejig
The distressed assets fund of Kotak Investment Advisors announced its debut deal with a Rs 500 crore ($69 million) investment ......
Manufacturing
Suzlon to recast debt, get fresh capital from Tulsi Tanti and Sun Pharma promoters
Suzlon Energy Ltd will restructure its debt, sell assets and raise capital from its founder and other shareholders, as the ......
Finance
How bad loan buyer IARC performed in first year under new owner Blackstone
International Asset Reconstruction Co. Pvt. Ltd (IARC) resumed making bad-loan bets in its first year of operations under new majority ......
Finance
IndusInd Bank picks insider as new CEO to take over from Sobti
Private-sector lender IndusInd Bank Ltd announced the appointment of Sumant Kathpalia as its managing director and chief executive officer for ......
Finance
Opportunities in secondaries, fund extensions to grow: Panellists at VCCircle LP summit
The maturing market for secondaries transactions and extension of fund life by private equity as well as venture capital firms ......
Finance
RBI lifts curbs on GIC-backed Bandhan Bank to open branches, but adds riders
The Reserve Bank of India has lifted restrictions on Bandhan Bank, allowing it to open new branches without prior permission, ......
TMT
NCLAT sets aside insolvency case against Flipkart for alleged default
An appeals court has dismissed insolvency proceedings against e-commerce major Flipkart, which was dragged to the National Company Law Tribunal ......
Infrastructure
KEC buys power transmission tower factory in Dubai
KEC International Ltd, an RPG Group company, said it has acquired a Dubai-based automated transmission tower manufacturing facility to grow ......
