Central Bank of India

Finance

15 February, 2021

India shortlists four banks for potential privatisation

India's government has shortlisted four mid-sized state-run banks for privatisation, under a new push to sell state assets and shore ......

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Finance

24 December, 2020

Centrum arm strikes first takeover after getting Morgan Stanley PE's backing

A subsidiary of financial services company Centrum Capital Ltd has inked a deal to acquire a majority stake in the ......

Finance

20 July, 2020

Govt plans to sell majority stake in Bank of India, five other state-run banks

India is looking to privatise more than half of its state-owned banks to reduce the number of government-owned lenders to ......

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TMT

09 June, 2020

TV and movie production house broadcasts SOS to resolve its debt under bankruptcy law

A Mumbai-based media production house has invited bids to resolve its debt worth Rs 525 crore (about $70 million at ......

Finance

18 March, 2020

Indian banks shelve fundraising as coronavirus derails markets

Two state-owned Indian banks that were aiming to raise funds to meet growth targets and build up capital for regulatory ......

TMT

23 December, 2019

Media company Sri Adhikari Brothers dragged into bankruptcy

Media production house Sri Adhikari Brothers Television Network Ltd has been admitted into bankruptcy after defaulting on a bank loan. The ......

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Manufacturing

01 July, 2019

UV ARC acquires cement maker's debt to expand mid-market operations

UV Asset Reconstruction Company Ltd is close to acquiring the entire debt of a distressed cement manufacturing company, as it ......

Premium

Finance

19 March, 2019

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 auction more ......

Finance

15 March, 2017

IndusInd Bank to acquire IL&FS Securities

Hindujas-promoted private lender IndusInd Bank has set the ball rolling to acquire IL&FS Securities Services Ltd (ISSL) for an undisclosed ......

General

15 March, 2017

IndusInd Bank to acquire IL&FS Securities

Hindujas-promoted private lender IndusInd Bank has set the ball rolling to acquire IL&FS Securities Services Ltd (ISSL) for an undisclosed ......