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JAI SARAF
Evonith Steel raises Rs 1,700 crore to repay bondholdersEvonith Steel has secured Rs. 1700 crore from multiple banks, including Standard Chartered and JP Morgan, to repay existing creditors and e...- ArcelorMittal's Lakshmi Mittal to face old hand as Jai Saraf may bid for Vedanta's ₹10,000 crore steel bizFormer ArcelorMittal executive Jai Saraf is discussing a potential bid for Vedanta's steel business, ESL Steel, with private credit funds, ...
- Nithia Capital acquires Crest Steel & Power for Rs 600 crore“With our newly forged partnership with Amalgam Steel, we believe Crest will soon achieve a successful turnaround and is well set on its pl...
- BJP’s national might, TMC's promise of local solutions key factors in high-stake Jorasanko battleThis retail hub has 11 wards –– eight under TMC and three with the BJP. Going by its time-tested formula of fielding a Hindi-speaking candi...
- BJP’s national might, TMC's promise of local solutions key factors in high-stake Jorasanko battleThis retail hub has 11 wards –– eight under TMC and three with the BJP. To reach out to the dominant population of Marwaris and Biharis her...
- Nithia Capital and CarVal Investors complete acquisition of stressed assets of Uttam Group for ₹2,000 croreOn May 6th of 2020, a monitoring agency was formed, in which successful resolution applicants Nithia and CarVal along with two members from...
- Oaktree, Apollo lead giants betting on stressed India assetsSome global heavyweights like Apollo Global Management Inc. and Oaktree Capital Group have either struck recent India deals or scaled up th...
- Nithia Capital to close Uttam deal by end of October, has identified a new management team: CEO Jai Saraf“We are making full efforts to close the transaction by the end of this month. Once we close the transaction, our new team will go in,” Jai...
- On Priyanka Chopra's 'personal ambitions' list: Motherhood, buying a houseThe actor said that she has never been scared of making sacrifices.
- Debt Distress 2.0: Total stressed assets now exceed gross NPA peaks of 2018There are some silver linings, though. This time the debt build-up is being managed right as it unfolds.
- After Uttam Galva, UK’s Nithia Capital keen to bid for Visa SteelRecently, Bank of Baroda put its exposure of Rs 150 crore to the asset on the block as its insolvency resolution keeps getting delayed.
- Uttam value, Galva lenders ignored higher bidBanks voted for CarVal’s Rs 2.5k crore offer but rejected SSG Cap-led consortium’s Rs 3.3k crore bid.
- It's a wrap for 'The Sky Is Pink': Director Shonali Bose thanks cast and crew through heartwarming postThe movie is slated for an October 11 release.
- MP polls: Congress releases first list of 155 candidatesThe list of 155 names, released late Saturday night, includes that of 21 women and 24 fresh faces.
- India 'dream' plan to cut freight time to 14 hours from 14 daysPlagued by delays, red tape and disputes over land acquisition, the $100-billion Delhi-Mumbai Industrial Corridor is finally showing signs ...
- Tolerance-intolerance debate: Here are some instances of acceptance throughout IndiaThere seems to be a general impatience for anything we cannot agree with. Movies, books, satire, an alternative sexual identity or differen...
- Coal scam: CBI asks accused' stand on whether to summon Manmohan SinghKoda, Congress leader and industrialist Naveen Jindal and 13 others were chargesheeted by the CBI in the case earlier.
- Coal scam: Court to hear Madhu Koda's plea seeking summoning of ex-PM Manmohan Singh on September 2Koda's plea seeking summoning of former Prime Minister Manmohan Singh and two others as additional accused in a coal scam case will be hear...
- Coal scam case: Madhu Koda seeks summoning of Manmohan Singh, two othersHowever, Koda's counsel told the court that the arguments on the application be heard along with arguments on framing of charges in the cas...
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