M&A
Finance
ARCs, stressed asset investors look for deals as banks auction $3.6 bn of bad loans
Asset reconstruction companies (ARCs) and other investors may pursue distressed assets more actively in coming weeks as banks...
Finance
Anshu Jain-backed InCred Finance explores sale of housing finance unit
Non-banking financial company InCred Finance is in talks with private equity firms and strategic investors to offload its housing...
Manufacturing
Debt-laden Garden Silk may draw interest from asset reconstruction firm
Garden Silk Mills Ltd is likely to evince interest from an asset reconstruction company as its biggest lender will soon ......
Consumer
Haldiram's buys snacks maker in third acquisition
Haldiram Snacks Pvt. Ltd, which specialises in ethnic sweets and snacks, has bought a Delhi-based eatables maker, at least three...
Finance
IFCI, SIDBI exiting consulting firms to divest non-core assets
State-run lenders IFCI Ltd and Small Industries Development Bank of India (SIDBI) have put their stakes in several consulting...
Consumer
VC-backed QSR chain Kaati Zone set to change hands
Bengaluru-based quick-service restaurant chain Kaati Zone is set to get a new owner in a development that will help it ......
TMT
Exclusive: ARC emerges as front runner to take over debt-ridden Aircel
An asset reconstruction company is on track to take over debt-laden telecom firm Aircel, a person familiar with the development...
Consumer
Everstone-backed S Chand takes full control of Kolkata publisher
Education-focussed publishing house S Chand & Company Ltd has acquired the 26% stake it didn’t already own in a Kolkata-based...
Finance
Standard Life in talks to offload more stake in HDFC Life Insurance
UK-based investment management firm Standard Life has initiated talks to sell a part of its stake in listed insurance provider...
Finance
Credit reporting firm Equifax India set to see shareholding churn
US-based consumer credit reporting firm Equifax Inc.’s Indian subsidiary is set to go through a churn in its shareholding...
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