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Have $1 bn more to deploy in stressed assets: Edelweiss ARC CEO RK Bansal

Finance

Have $1 bn more to deploy in stressed assets: Edelweiss ARC CEO RK Bansal

The growing pile of bad loans has dragged many banks into the red but Edelweiss Asset Reconstruction...

IFC to invest $23 mn in Hyderabad poultry firm Srinivasa Farms

Consumer

IFC to invest $23 mn in Hyderabad poultry firm Srinivasa Farms

International Finance Corporation plans to make an equity investment of $23 million (Rs 158 crore) ...

More pros than cons of barring promoters from IBC: Panellists at VCCircle event

General

More pros than cons of barring promoters from IBC: Panellists at VCCircle event

Keeping the promoter out of the bankruptcy-resolution process will have short-term negatives but ...

Stressed assets: NCLT clears bids for Monnet Ispat, Adhunik Metaliks, Sirpur Paper

General

Stressed assets: NCLT clears bids for Monnet Ispat, Adhunik Metaliks, Sirpur Paper

As Indian banks grapple with nearly $150 billion in bad loans, various branches of the National ...

Multiplex chain Carnival Group to buy UAE's Novo Cinemas

TMT

Multiplex chain Carnival Group to buy UAE's Novo Cinemas

Mumbai-based Carnival Group, which operates the multiplex chain Carnival Cinemas, has agreed to buy ...

JSW-AION consortium gets NCLT nod to acquire Monnet Ispat

Manufacturing

JSW-AION consortium gets NCLT nod to acquire Monnet Ispat

The National Company Law Tribunal on Thursday approved the sale of bankrupt metals firm Monnet Ispat...

NCLT approves sale of Sirpur Paper Mills to JK Paper

Manufacturing

NCLT approves sale of Sirpur Paper Mills to JK Paper

The National Company Law Tribunal on Thursday approved a proposal by paper manufacturer JK Paper Ltd...

HT Media, Next Mediaworks to merge radio businesses

TMT

HT Media, Next Mediaworks to merge radio businesses

HT Media Ltd said on Wednesday its board has approved a proposal to merge most of its radio business...

Investment bank O3 Capital makes another lateral hire for MD role after five years

People

Investment bank O3 Capital makes another lateral hire for MD role after five years

Mumbai-based mid-market investment banking firm o3 Capital Global Advisory Pvt. Ltd has appointed ...

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KPMG, PwC partners join Girish Vanvari's boutique advisory firm Transaction Square

People

KPMG, PwC partners join Girish Vanvari's boutique advisory firm Transaction Square

Transaction Square, a boutique advisory firm started by former KPMG India tax head Girish Vanvari ...