Jayshree P Upadhyay
Stories by Jayshree P Upadhyay
India’s market regulator eases fundraising norms for distressed firms
A stressed firm is defined as one that has made a disclosure of default on its financial obligations for at least 90 days, has an inter-creditor agree
How Baring PE’s move to delist Hexaware comes after history of failed exits
The PE firm had first explored a sale of the IT services company in 2016.
Indian government likely to clarify on Chinese FDI norms
India is likely to clarify on its notification that altered FDI norms for Chinese companies planning to invest in India.
India: Share pledges are latest bone of contention in Tata-Mistry rivalry
The latest disagreement adds to the protracted corporate battle ever since Cyrus Mistry was ousted as Tata Group chairman in 2016.
India: HSBC files winding up plea against IL&FS unit
HSBC is seeking to recover its investment in ITNL Offshore Pte. Ltd’s bonds maturing in 2021.
IL&FS auditors BSR, Deloitte being probed by six investigative agencies
The nine-month probe by SFIO has resulted in an 800-page chargesheet against 30 entities.
SBI-led consortium names Grant Thornton exec as RP for Jet Airways
Ashish Chhawchharia is partner and head of restructuring services at Grant Thornton.
Two creditors take Jet Airways to NCLT for recovery of their dues
Shaman Wheels; Gaggar Enterprises filed insolvency pleas against Jet Airways at NCLT.
India’s markets regulator’s queries to delay L&T bid for Mindtree
L&T is trying to acquire control of Mindtree by buying as much as 66.32% in the IT services firm for about Rs 10,700 crore.
Indian agency investigates Etihad Airways investment in Jet Privilege
It is seeking to ascertain whether certain FDI norms were violated when the Abu Dhabi-based carrier took a stake in JPPL in 2014.
