Jm Financial

Hotel Leela sale row: ITC claims won't receive any value post-deal, seeks waiver of minimum shareholding norm

Earlier ITC and LIC, which owns 2 percent in Leela had moved the Sebi seeking to stay the deal with Brookfield

Hotel Leela Venture to sell four hotels, property to Canadian investment fund Brookfield for Rs 3,950 crore

The transaction includes assignment of all hotel management contracts currently in operation as well as all under-development, along with the employees of the hotels

IL&FS puts its entire road assets held by ITNL on the block to raise resources to repay debt

Since 28 August, the IL&FS group which has as many as 348 subsidiaries almost half of are in overseas territories, is unable to service debt worth over Rs 94,000 crore, of which Rs 57,000 crore are from bank.

Cash-strapped IL&FS to sell controlling stake in green energy business; firm's board to issue EoIs soon

The renewable assets of IL&FS include operating wind power plants with an aggregate capacity of 873.5-mw, and under-construction wind power plants worth 104 mw capacity.

Crisis-ridden IL&FS starts process to monetise assets; to sell stake in financial services assets

IL&FS Group''s total debt stood at Rs 94,215.6 crore as on 8 October 2018.

IL&FS board appoints three advisors to develop resolution plan and undertake valuations across divestment

IL&FS and its subsidiaries have defaulted on several debt repayments recently due to the liquidity crisis

HDFC AMC IPO subscribed 35% in the first few hours on Day 1; expected to raise Rs 2,800 crore

HDFC is the second AMC to hit the market after Reliance Nippon Life AMC, which had raised Rs 1,542 crore last year.

Reliance Industries, JM Financial bid to acquire textile manufacturer Alok Industries rejected

Reliance Industries (RIL) had bid jointly with JM Financial to acquire the debt ridden textile manufacturer Alok Industries Ltd

Bharatmala may not be old wine: Mega project will ease up fund raising for road building

As per Tuesday’s announcement, besides the Bharatmala project, balance works of 48,877 km under other current schemes will be implemented in parallel by NHAI/Ministry of Road Transport and Highways with an outlay of Rs 1.57 lakh crore.

Nimesh Kampani to retire from JM Financial, son Vishal to succeed

Nimesh Kampani's son, Vishal, has been associated with the business for nearly two decades