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Supreme Court clears auction of Samrudhhi Realty assets to recover Rs 5,000 cr debtThe Supreme Court has approved the auction of Samrudhhi Realty's assets to recover around Rs 5000 crore in debt. However, any auction invol...
NARCL makes binding bid for Essel Infra's road project debtThe National Asset Reconstruction Company of India (NARCL) has offered to acquire ₹271 crore in debt from the Ludhiana Talwandi Toll Road (...
Stocks in news: Zee Entertainment, Hero MotoCorp, Biocon, Greaves CottonOrient Cement has entered into a non-binding agreement with Adani Power Maharashtra for setting out the understanding for facilitating bona...
Merisis appoints Ruchir Kapoor to strengthen its fintech practice, wealth management forayKapoor comes with 20+ years of rich experience across Wealth Management, Fintech, NBFC, Trade and SME banking and has led large teams acros...
Creador buys out Tata Capital in Shriji PolymersCreador has acquired about 13% stake held by Tata Capital and another 4% stake held by promoters.
Adani Capital acquires Essel Finance’s MSME loan businessThe business has a secured loan book of approximately Rs 145 crore comprising 1100 customers, a staff strength of 40 professionals and oper...
Private equity funds go talent shopping for portfolio companiesAdvent International, Blackstone, Carlyle, General Atlantic, SoftBank tapping managers for leadership roles. In the past few years, PE fund...
VTB decides to sell pledged shares of Zee promotersVTB has roped in two global advisors, JP Morgan and Citi, for the planned share sale.
Baroda AMC and BNP Paribas AMC decide to mergeBank of Baroda and BNP Paribas Asset Management Asia have entered into binding agreements, the two entities said in a joint statement.
Sandeep Parekh on why Sebi not allowing standstill pact with MFs may not be good for investorsI believe it is not a good move and it will actually hurt investors.
NBFC industry's credit problems appear to be over: CEA K SubramaniamNon-bank lenders have seen huge decline in credit growth and a liquidity crunch since the collapse of IL&FS.
Zee promoters to sell 11% stake to Invesco Oppenheimer Fund for Rs 4,224 crorePromoters reject Comcast-led consortium’s offer. Zee Entertainment open to sell further 9%.
Sebi tightens regulations for troubled debt mutual fundsSebi also expressed its disapproval of the so-called standstill agreement that mutual funds have reached with the indebted Essel Group.
Corp FDs, NCDs draw investors wary of debt MFsOver the last one year, debt MF schemes have written off their investments in IL&FS.
We are not opportunistic, Essel Propack is a strategic investment: Amit Dixit, BlackstoneWe will be happy to evaluate tuck-in acquisitions in newer segments, says the Blackstone Senior MD.
How did it all go this bad at Zee? Here's what you need to knowIt all started when a merger between the DTH arms of Videocon and Essel groups landed in Delhi High Court.
All eyes on Zee, Dish TV stock movementAt least 11 mutual funds have an exposure of Rs 6,600 cr to the Essel Group’s debt securities.
Essel Group acquires two road assets from KNR, Patel for Rs 850 croreEssel Highways has secured $85 million loan from Goldman Sachs as part of a $220-million debenture issuance to finance new projects.
Essel Financial launches 2nd real estate fund; to raise Rs 250 croreEssel Financial Advisors and Managers (EFAM) today launched its second real estate fund and plans to raise up to Rs 250 crore.
'BUY' or 'SELL' ideas from experts for Monday, 16 March 2015ET Now spoke to various experts and here's what they have to recommend for today's trade.