Central Bank of India
Finance
India shortlists four banks for potential privatisation
India's government has shortlisted four mid-sized state-run banks for privatisation, under a new push to sell state assets and shore ......
Finance
Centrum arm strikes first takeover after getting Morgan Stanley PE's backing
A subsidiary of financial services company Centrum Capital Ltd has inked a deal to acquire a majority stake in the ......
Finance
Govt plans to sell majority stake in Bank of India, five other state-run banks
India is looking to privatise more than half of its state-owned banks to reduce the number of government-owned lenders to ......
TMT
TV and movie production house broadcasts SOS to resolve its debt under bankruptcy law
A Mumbai-based media production house has invited bids to resolve its debt worth Rs 525 crore (about $70 million at ......
Finance
Indian banks shelve fundraising as coronavirus derails markets
Two state-owned Indian banks that were aiming to raise funds to meet growth targets and build up capital for regulatory ......
TMT
Media company Sri Adhikari Brothers dragged into bankruptcy
Media production house Sri Adhikari Brothers Television Network Ltd has been admitted into bankruptcy after defaulting on a bank loan. The ......
Manufacturing
UV ARC acquires cement maker's debt to expand mid-market operations
UV Asset Reconstruction Company Ltd is close to acquiring the entire debt of a distressed cement manufacturing company, as it ......
Finance
ARCs, stressed asset investors look for deals as banks auction $3.6 bn of bad loans
Asset reconstruction companies (ARCs) and other investors may pursue distressed assets more actively in coming weeks as banks auction more ......
Finance
IndusInd Bank to acquire IL&FS Securities
Hindujas-promoted private lender IndusInd Bank has set the ball rolling to acquire IL&FS Securities Services Ltd (ISSL) for an undisclosed ......
General
IndusInd Bank to acquire IL&FS Securities
Hindujas-promoted private lender IndusInd Bank has set the ball rolling to acquire IL&FS Securities Services Ltd (ISSL) for an undisclosed ......
