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Alvarez & Marsal's Nikhil Shah on rising dealmaking activity in stressed assets

Finance

31 May, 2019

Alvarez & Marsal's Nikhil Shah on rising dealmaking activity in stressed assets

Turnaround and restructuring specialist Alvarez and Marsal has been in the thick of the resolution proceedings initiated under India’s Insolvency ......

KKR names former Australian prime minister Turnbull global senior advisor

Finance

31 May, 2019

KKR names former Australian prime minister Turnbull global senior advisor

KKR & Co has appointed former Australian Prime Minister Malcolm Turnbull as a global senior advisor, the global investment...

New Modi govt to unleash 'big-bang' reforms, says Niti Aayog official

Economy

31 May, 2019

New Modi govt to unleash 'big-bang' reforms, says Niti Aayog official

In the first 100 days of Prime Minister Narendra Modi’s second term, a slew of ‘big-bang’ economic reforms that...

Eight Capital, Emso buy Ambit's stake in ARC joint venture with JC Flowers

Finance

30 May, 2019

Eight Capital, Emso buy Ambit's stake in ARC joint venture with JC Flowers

Mumbai-based stressed asset investor Eight Capital Management and London-headquartered Emso Asset Management on Thursday announced...

India may lose spot as fastest-growing economy as PM Modi's second term begins

Economy

30 May, 2019

India may lose spot as fastest-growing economy as PM Modi's second term begins

India probably lost its spot as the fastest growing major economy to China in the January-March quarter as a chill ......

PNB hikes bad-loan recovery target by over 50% for FY20

Finance

30 May, 2019

PNB hikes bad-loan recovery target by over 50% for FY20

State-owned Punjab National Bank (PNB) has increased its bad-loan recovery target to Rs 25,000 crore for the current financial...

Adams Street Partners raises $1.1 bn for private credit fund

Finance

30 May, 2019

Adams Street Partners raises $1.1 bn for private credit fund

Adams Street Partners, a US-based private markets investment management firm, has raised $1.1 billion for its first private credit...

IDBI Bank, lender with worst asset quality, looks to sell mutual fund unit

Finance

30 May, 2019

IDBI Bank, lender with worst asset quality, looks to sell mutual fund unit

IDBI Bank Ltd has put its mutual fund business on the block, joining a bunch of lenders that are selling ......

Asia hedge funds struggle to benefit from investor enthusiasm

Finance

29 May, 2019

Asia hedge funds struggle to benefit from investor enthusiasm

Asian hedge funds are struggling to benefit from strong investor interest in the region in the face of patchy liquidity, ......

Abraaj founder released from custody after paying $19 mn bail

Finance

29 May, 2019

Abraaj founder released from custody after paying $19 mn bail

Arif Naqvi, the Pakistani founder of collapsed private equity firm Abraaj Group, has been released from custody after meeting...

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