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...
06 Jul, 2024, 05.58 PM IST
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...
06 Jul, 2024, 05.54 PM IST
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.
12 Sep, 2019, 04.47 PM IST
Leela shareholders back sale to BrookfieldNearly 86 per cent of all shareholders voted in favour of the resolution.
27 Apr, 2019, 09.59 AM IST
Sebi puts Leela-Brookfield deal on holdIndia’s largest life insurer holds 2.38 per cent in Leela.
25 Apr, 2019, 08.38 AM IST
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...
19 Mar, 2019, 01.58 PM IST
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.
26 Feb, 2019, 06.22 PM IST
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.
11 Feb, 2019, 11.31 PM IST
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.
09 Oct, 2018, 08.31 AM IST
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...
09 Oct, 2018, 08.04 AM IST
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.
03 Sep, 2018, 07.47 AM IST
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 ...
26 May, 2017, 10.15 PM IST
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.
21 Nov, 2016, 10.34 AM IST
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.
21 Nov, 2016, 07.57 AM IST
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...
19 Nov, 2016, 01.35 AM IST
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...
15 Sep, 2016, 11.29 AM IST
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.
09 Sep, 2015, 11.56 AM IST