JM Financial board okays plan to consolidate debt, distressed credit business under one platformJM Financial will increase its stake in JM Financial Credit Services to 89.67% and JMFCSL will acquire 71.79% stake in JM Financial Asset R...
JM Financial consolidates wholesale and distressed credit bizJM Financial Limited (JMFL) is set to consolidate its wholesale debt syndication and distressed credit business under a single platform. Th...
JM Financial's ARC unit raises Rs 183 crore from parentStock of JM Financial was trading at Rs 75.00 on BSE, up 0.81 per cent.
Leela shareholders back sale to BrookfieldNearly 86 per cent of all shareholders voted in favour of the resolution.
Sebi puts Leela-Brookfield deal on holdIndia’s largest life insurer holds 2.38 per cent in Leela.
Brookfield buys key Leela hotel assets for Rs 3950 croreET was the first to report in its edition dated October 9 that talks between Brookfield and lender JMFARC (JMFARC) for a deal to save Hotel...
JM Financial files insolvency case against Hotel LeelaventureThe application has been filed under Section 7 of the Insolvency and Bankruptcy Code, 2016, Hotel Leelaventure said in a filing to BSE.
Brookfield Asset Management set to buy Hotel LeelaventureLeelaventure did not respond to an email seeking comments till going to press, while Brookfield declined to comment.
Stocks in the news: Tata Motors, JSW Steel, Sadbhav Infra and Hotel LeelaventureHere is a list of top stocks that are likely to be in focus in today's trading session.
JM Unit, Brookfield close in on Leela Hotel dealJM Financial ARC is in advanced talks to sell the debt of Hotel Leela to Brookfield, but it is keen to retain 10% stake in the chain post t...
Brookfield in talks with JM Financial ARC to acquire stake in Hotel LeelaventureLeelaventure, which has hotels in Delhi, Mumbai, Chennai, Gurugram and Bengaluru, currently has a debt of over Rs 3,000 crore.
JM Fin Asset raises stake in Hotel Leelaventure to 48.8%As part of debt restructuring, JM Financial Asset Reconstruction Co Ltd (JMFARC) had issued a notice for conversion of debt into equity to ...
Unitech, HDFC tank 2% each after share sale to JMFARCFollowing the development, shares of Unitech tanked 2.17 per cent to hit a low of Rs 4.49 on BSE.
Fourteen stocks in focus on Monday, 21 November 2016India Cements reported a 62 per cent jump in standalone net profit at Rs 62.41 crore for the quarter ended September 30, 2016.
HDFC sells Unitech's Rs 869 crore loan to JMFARCHousing finance company HDFC said it has sold real estate firm Unitech's outstanding loan of Rs 869 crore to JM Financial Asset Reconstruct...
Race to acquire two hotels of Leelaventure Ltd begins againThe assets are under the control of JM Financial Asset Reconstruction Co, which acquired Leelaventure’s debt two years ago when the company...
Eight best acquisitions from last yearUday Kotak had to bring down his equity stake in the bank to 30% by January 2016 and 10% by January 2018 to comply with RBI directions.