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Axis Asset Management may add another fund for real estate

Infrastructure

04 June, 2019

Axis Asset Management may add another fund for real estate

Axis Asset Management Company, which recently raised a housing fund to start its real estate investment business, is looking to...

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Som Distilleries top contender to acquire north Indian beer brand

Consumer

03 June, 2019

Som Distilleries top contender to acquire north Indian beer brand

Som Distilleries Pvt. Ltd has emerged as the leading contender to acquire a north India-based beer brand. The Bhopal-based...

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KKR in advanced talks to ink second India control deal this year

Consumer

03 June, 2019

KKR in advanced talks to ink second India control deal this year

Global alternative assets giant KKR is close to acquiring a controlling stake in one of the largest pre-school chains in ......

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SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid

Healthcare

30 May, 2019

SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid

State Bank of India and other creditors to Calyx Chemicals & Pharmaceuticals Ltd will get less than 5% of their ......

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Parabolic Drugs set to chart recovery path as lenders approve takeover bid

Healthcare

29 May, 2019

Parabolic Drugs set to chart recovery path as lenders approve takeover bid

Debt-laden Parabolic Drugs Ltd is headed on the road to recovery after its lenders gave their stamp of approval to ......

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Boutique financial firm SC Lowy to deepen stressed asset play in India

Finance

27 May, 2019

Boutique financial firm SC Lowy to deepen stressed asset play in India

SC Lowy, Hong Kong-based privately-owned global banking group specialising in credit market and debt asset class, has plans to...

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Why HDFC is selling Gruh Finance stake amid unit's merger with Bandhan Bank

Finance

24 May, 2019

Why HDFC is selling Gruh Finance stake amid unit's merger with Bandhan Bank

Housing Development Finance Corp. Ltd (HDFC) on Friday sold part of its stake in Gruh Finance Ltd even as the ......

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Despite Hinduja interest, Jet Airways' hopes of a revival still look slim

Infrastructure

22 May, 2019

Despite Hinduja interest, Jet Airways' hopes of a revival still look slim

Grounded for more than a month, Jet Airways spotted a glimmer of hope on Tuesday when the Hinduja Group said ......

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Two drugmakers in race for Orchid Pharma as revival hopes brighten

Healthcare

20 May, 2019

Two drugmakers in race for Orchid Pharma as revival hopes brighten

Orchid Pharma Ltd has attracted takeover interest from three suitors, including two drugmakers, re-igniting hopes for a revival...

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NCLT clears JNPT's plan to acquire Dighi Port, rejects Adani plea

Infrastructure

14 May, 2019

NCLT clears JNPT's plan to acquire Dighi Port, rejects Adani plea

A bankruptcy court has approved a resolution plan by government-owned Jawaharlal Nehru Port Trust (JNPT) to buy debt-laden Dighi...

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