Varde Partners
Finance
Ares SSG picks up 10% stake in housing finance firm
Alternative asset manager Ares SSG (previously known as SSG Capital) has picked up 1.60% stake in one of India’s largest...
Infrastructure
Fraud-accused real estate firm Ireo set to get new fund manager
Ireo Pvt. Ltd, the real estate investment firm and developer battling allegations of a $1.5-billion fraud, is likely to get ......
Finance
Carlyle-backed PNB Housing taps another SBI veteran to be CEO
PNB Housing Finance Ltd, which is part-owned by private equity firm Carlyle, has appointed a former head of SBI Cards ......
Consumer
Emami Group in talks for fresh funding from another American investor
Promoters of Kolkata-based diversified group that is behind the FMCG firm Emami Ltd are in talks to rope in another ......
Finance
PE-backed lender Altico Capital defaults on debt; chairperson quits
Altico Capital India Ltd, a non-banking financial company that focuses on the real estate sector, has defaulted on its debt ......
Infrastructure
Varde Partners-backed Aditya Birla ARC inks first stressed assets deal
Aditya Birla ARC Ltd has agreed to acquire part of the debt that RattanIndia Power Ltd owes its lenders for ......
Finance
Exclusive: SBI Funds to raise new corpus for stressed assets
SBI Funds Management Pvt. Ltd, the asset management arm of State Bank of India, is raising capital for a new ......
Finance
KKR to reapply for ARC licence in India after global rejig
Global alternative asset manager KKR & Co will have to reapply for a licence to operate an asset reconstruction company ......