Beena Parmar
Finance
CSB Bank chief CVR Rajendran on transforming into a new private sector bank
Fairfax-controlled CSB Bank, earlier known as Catholic Syrian Bank, is preparing to play a larger role in the country’s banking ......
Manufacturing
Kolkata-based Kothari Group sells Punjab mill to Cedaar Textile
A Kothari Group firm has sold its Punjab-based textile spinning unit to Cedaar Textile Private Limited. Gillanders Arbuthnot & Company Ltd ......
Finance
Listed Kerala bank set to raise $40 mn from PE firm
A mid-sized listed bank based in Kerala is set to raise Rs 300 crore (about $40 million) from a private ......
Consumer
A unit of The Pioneer's publisher enters bankruptcy
A firm of The Pioneer group, which is owned by journalist Chandan Mitra and publishes The Pioneer newspaper, has entered ......
Finance
JC Flowers, Eight Capital to launch distressed fund backed by IFC
US-based PE firm JC Flowers and India’s distressed assets investor Eight Capital will launch a $500 million (about Rs 3,640 ......
Healthcare
Lenders of Piramal PE-backed bulk drugs maker take massive haircut in acquisition deal
Lenders of a bankrupt bulk drugs and chemicals maker backed by a Piramal Group promoted private equity fund are staring ......
Finance
Central bank urges a tiered approach to regulating shadow banks
The central bank has proposed a tighter regulatory framework to harmonise classification of bad loans of non-banking financial companies (NBFCs). In ......
TMT
Byju's goes shopping again, snaps up Mumbai startup
India’s biggest online education startup Byju’s is continuing its shopping spree with the purchase of a Mumbai-based edtech startup, two ......
People
Alvarez & Marsal India ropes in former Credit Suisse exec as senior adviser
Professional services and turnaround firm Alvarez & Marsal (A&M) India has announced the appointment of Sandeep Pangal as senior adviser ......
Finance
ADB places bet on Tata Capital's second private equity fund
The Asian Development Bank (ADB) has made its second Limited Partner (LP) commitment this month with a $10 million (Rs ......