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Centrum-backed steel firm ropes in foreign investor to buy out debt purchasers

Finance

22 April, 2020

Centrum-backed steel firm ropes in foreign investor to buy out debt purchasers

A steel firm backed by Centrum Group’s microlender Altura and Anand Rathi Group’s NBFC arm has roped in a foreign...

Finance

22 April, 2020

Grapevine: Carlyle looks for another India MD as Vikram Nirula on way out

Private equity firm Carlyle is searching for a new managing director in India to replace Vikram Nirula, who will soon ......

Finance

22 April, 2020

Bombay High Court quashes govt's call for ban on Deloitte, KPMG affiliate

An Indian court on Tuesday quashed efforts by the federal government to impose a ban on auditors Deloitte Haskins & ......

Finance

21 April, 2020

HSBC cuts top investment bank jobs despite wider firing freeze

HSBC has cut a number of top management roles in its investment bank, memos seen by Reuters showed, a sign ......

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Finance

21 April, 2020

Fund Scan: How Carlyle's focus on financials held it in good stead

It is not often that a private equity firm churns out nearly a billion dollars by exiting an investment in ......

Finance

21 April, 2020

Are fund managers in India adopting ESG targets?

Many investors in the US and Europe have started focusing on environmental, social and governance (ESG) factors. But most fund ......

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Finance

21 April, 2020

This might be a record year as bankruptcies go through the roof: Dhruva Advisors partner

The number of bankruptcies this year could be at least four to five times that of last year owing to ......

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Finance

20 April, 2020

Why new FDI rules have put PE fund managers in a quandary

The Indian government’s hardening of stance over foreign direct investment from China has thrown private equity fund managers...

Finance

20 April, 2020

At mercy of banks, cash-tight NBFCs face new turmoil

India’s banks are freezing credit lines to shadow lenders as the coronavirus crisis shuts down commerce in Asia’s...

Finance

20 April, 2020

Coronavirus takes toll on global M&A as $1 bn deals disappear

For the first time since September 2004, no merger and acquisition deal worth more than $1 billion was announced worldwide ......

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