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Stressed assets this week: Spotlight turns on Jet Airways, Gitanjali Gems

General

18 April, 2019

Stressed assets this week: Spotlight turns on Jet Airways, Gitanjali Gems

Since the Insolvency and Bankruptcy Code (IBC) was passed in 2016, a little over Rs 1.42 lakh crore of claims ......

Haldiram may buy Kwality Dairy; Ajay Relan's new fund bets on mobile cinema firm

General

18 April, 2019

Haldiram may buy Kwality Dairy; Ajay Relan's new fund bets on mobile cinema firm

Haldiram Snacks Pvt. Ltd, which specialises in ethnic sweets and snacks, has thrown in the hat to acquire loss-making Kwality...

CureFit may raise capital at $500-mn valuation; Hydreq gets new bidders

General

15 April, 2019

CureFit may raise capital at $500-mn valuation; Hydreq gets new bidders

Norwegian state utility firm Statkraft and British private equity firm Actis are separately looking to buy Hydreq, the Indian...

Stressed assets this week: Essar Steel, Jet Airways and Sterling SEZ in focus

General

12 April, 2019

Stressed assets this week: Essar Steel, Jet Airways and Sterling SEZ in focus

The Insolvency and Bankruptcy Code, instituted in 2016 to tackle the bad loans weighing down on India’s banking system,...

Etihad agrees to hike stake in Jet; Sachin Bansal may invest in microfinance firm

General

12 April, 2019

Etihad agrees to hike stake in Jet; Sachin Bansal may invest in microfinance firm

Abu Dhabi-based carrier Etihad Airways submitted an expression of interest to increase its stake in beleaguered airline Jet Airways,...

Singtel, Airtel and Warburg eye stake in Dish TV; Rentomojo in funding talks

General

11 April, 2019

Singtel, Airtel and Warburg eye stake in Dish TV; Rentomojo in funding talks

A consortium that includes Singapore Telecommunications, Sunil Mittal-led Bharti Airtel and private equity firm Warburg Pincus...

Snapdeal in talks to acquire ShopClues; Canadian funds, Piramal eye GIP road portfolio

General

09 April, 2019

Snapdeal in talks to acquire ShopClues; Canadian funds, Piramal eye GIP road portfolio

Canadian pension funds CPPIB and CDPQ, Italy's Atlantia and billionaire Ajay Piramal-led Piramal Group are in the final round...

What the BJP's re-election manifesto has on offer for farmers, middle class

General

08 April, 2019

What the BJP's re-election manifesto has on offer for farmers, middle class

The ruling Bharatiya Janata Party (BJP) on Monday promised minimum income support to all farmers and a pension scheme for ......

GVK dials NIIF, ADIA to raise funds for Mumbai airport; PE firms eye Bharat Serums

General

08 April, 2019

GVK dials NIIF, ADIA to raise funds for Mumbai airport; PE firms eye Bharat Serums

Infrastructure company GVK is in talks with the National Investment and Infrastructure Fund and Abu Dhabi Investment Authority...

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Stressed assets: RBI to revise bad loans norms; Jet Airways' lenders eye stake sale

General

05 April, 2019

Stressed assets: RBI to revise bad loans norms; Jet Airways' lenders eye stake sale

At a time when the country's banking system is saddled with a pile of over Rs 10 lakh crore worth ......

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