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Goldman Sachs joins Varde Partners to take over RattanIndia Power's debt

Infrastructure

31 December, 2019

Goldman Sachs joins Varde Partners to take over RattanIndia Power's debt

Global investment bank Goldman Sachs has teamed up with alternative investment firm Värde Partners to take over RattanIndia...

Financial system stable despite weakening economic growth, says RBI

Finance

30 December, 2019

Financial system stable despite weakening economic growth, says RBI

India's financial system remains stable even after economic growth plummeted to a six-year low, the Reserve Bank of India...

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SevenHills Hospitals back on the market after deal with UAE billionaire falls apart

Healthcare

26 December, 2019

SevenHills Hospitals back on the market after deal with UAE billionaire falls apart

SevenHills Hospitals Pvt. Ltd has again become available for sale with its creditors starting a new search for a buyer ......

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Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage

Finance

26 December, 2019

Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage

Blackstone Group Inc., Warburg Pincus and several other private equity firms in India sniffed investment opportunities this year...

RBI sees corporate governance ‘fault lines' at some lenders

Finance

26 December, 2019

RBI sees corporate governance ‘fault lines' at some lenders

Growing problems of corporate governance are emerging at India's private banks and all lenders are at risk of rising default...

Jet Airways lenders call for fresh bids to find buyers

Infrastructure

24 December, 2019

Jet Airways lenders call for fresh bids to find buyers

Jet Airways (India) Ltd will go through a fresh round of bidding as its lenders have decided to make another ......

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Flashback 2019: Stressed assets remain in focus on rising bankruptcies, new challenges

Finance

24 December, 2019

Flashback 2019: Stressed assets remain in focus on rising bankruptcies, new challenges

When everything else fails, pray. At least that’s what State Bank of India chairman Rajnish Kumar seems to believe. “Every...

Media company Sri Adhikari Brothers dragged into bankruptcy

TMT

23 December, 2019

Media company Sri Adhikari Brothers dragged into bankruptcy

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

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Fund Scan: How Apollo-ICICI's AION Capital is navigating through ‘stressful' times

Finance

19 December, 2019

Fund Scan: How Apollo-ICICI's AION Capital is navigating through ‘stressful' times

Of all the mighty Greek gods, Apollo is by far the most popular. But few would have heard of Aion. Apollo, ......

CPPIB commits $225 mn to Bain-Piramal's stressed assets buyout fund

Finance

18 December, 2019

CPPIB commits $225 mn to Bain-Piramal's stressed assets buyout fund

Canada Pension Plan Investment Board has committed $225 million to a distressed assets buyout platform set up by Piramal Enterprises...

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