Investors betting big on high-yielding credit opportunities"The private credit market is buzzing with excitement after the success of the largest low-grade rupee-denominated debt sale that offered a...
02 Aug, 2023, 06.23 AM IST
Market Movers: Dr Lal Pathlabs goes red; Bharat Rasayan unit catches fireDr Lal's operating revenue increased by 12.7 per cent in Q4FY22 to Rs 485.5 crore. Covid and allied contributed 13.6 per cent to revenue in...
18 May, 2022, 06.42 PM IST
SBI and LIC to acquire half of YES Bank at Rs 2 per shareSBI has been reportedly asked by the govt to form a consortium for buying a stake in YES Bank.
05 Mar, 2020, 06.42 PM IST
YES Bank falls 3% amid lack of clarity over fund-raising plansA newspaper report said the company is seeking to raise fresh equity capital worth $300-$500 million from mutual funds.
04 Mar, 2020, 10.29 AM IST
YES Bank drops 4%, recovers as Hinduja Group looks to pick up stakeHinduja Group is partnering with Cerberus Capital Management LP to pick up a stake in the bank.
24 Feb, 2020, 03.50 PM IST
Hindujas, Cerberus may partner to bid for YES Bank stakeRepresentatives of Cerberus and Hinduja group met RBI officials earlier this month.
20 Feb, 2020, 07.09 PM IST
DHFL’s stock soars on assurance of no haircut in debt resolutionIn the past nine months, DHFL has securitised home loan assets worth more than Rs 40,000 crore.
07 Aug, 2019, 08.12 AM IST
- 3i Infotech subsidiary to sell US-based payments unit; stock up
3i Infotech Financial Software, a step-down subsidiary of 3i Infotech, has entered into an agreement to sell its US-based global billing an...
16 May, 2011, 10.44 AM IST
- PE exits touch $ 203 bn globally in 2010: Preqin
As valuation of companies have improved with recovery in the stock market, a number of private equity (PE) players are offloading their sta...
12 Jan, 2011, 10.05 PM IST
- PE exits touch $ 203 bn globally in 2010: Preqin
Besides, the fourth quarter of the calender year 2010 saw 265 exit worth $ 71.8 billion - the highest quarterly figure on record.
12 Jan, 2011, 03.06 PM IST
- Daimler to pull shares off New York Stock Exchange
Daimler AG wants to pull its shares off the New York Stock Exchange due to low trading volume.
14 May, 2010, 09.53 PM IST
- 2 arrests in US insider trading case
The FBI arrested two traders Thursday on charges they made millions of dollars in illicit profits using inside tips from an investment bank...
06 Feb, 2009, 02.16 AM IST
- Chrysler denies speculation it will file for bankruptcy protection
Faced with persistent speculation that it was planning to file for bankruptcy protection, Chrysler LLC issued a statement denying the rumor...
27 Jun, 2008, 04.51 AM IST
- Northern Rock confirms talks with potential bidders
Virgin Money, Apollo Management LP, Blackstone Group, Lone Star, J.C. Flowers & Co. and Cerberus Capital Management LP are reporterd to be ...
15 Oct, 2007, 01.08 PM IST
- Robert Nardelli to head Chrysler
Chrysler named former Home Depot chief executive officer Robert Nardelli as CEO, demoting Tom LaSorda, as new owner Cerberus Capital Manage...
07 Aug, 2007, 05.14 AM IST
- Ex-Home Depot boss at Chrysler helm
Chrysler's new private owners say they have picked former Home Depot boss Bob Nardelli to head the No. 3 US automaker in its effort to retu...
06 Aug, 2007, 02.58 PM IST
- Magna, Cerberus, Blackstone lead the race for Chrysler
Magna International, Cerberus Capital Management and a team led by Blackstone Group and Centerbridge Partners are frontrunners to buy Daiml...
15 Mar, 2007, 03.06 AM IST