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ArcelorMittal faces hurdle from Singapore-based firm while bidding for SREI Infra Finance

TAIML is an investment manager managing AIF (Alternative Investment Fund) that is jointly promoted by SREI Infrastructure Finance Limited (SIFL) with 51 per cent stake, and balance 49 per cent held by Payash Capital Singapore PTE Limited. ....

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Business News: NCLAT sets aside Srei resolution plan for Deccan Chronicle Holdings

NCLAT sets aside Srei resolution plan for Deccan Chronicle Holdings : Rashtra News #NCLAT #sets #Srei #resolution #plan #Deccan #Chronicle #Holdings Earlier, IDBI Bank had moved the NCLAT against a 2019 order of the Hyderabad bench of the NCLT, dismissing the private sector lender and state-owned Indian Overseas Bank’s appeals to declare Srei Multiple Asset […] ....

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NCLAT order favours ArcelorMittal

Being now the owner of Essar, AMIPL becomes a connected person of Essar and an ineligible resolution applicant ....

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Srei Equipment Finance: First Meeting of Creditors' Committee to be Held on Tuesday

The first meeting of the committee of creditors (CoC) of Srei Equipment Finance Ltd (SEFL) is scheduled to be held on 2nd November at Marriott in Kolkata under regulation 19 of the Insolvency and Bankruptcy Rules (IBC) 2019. ....

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Apax to buy software business of 3i Infotech for Rs 1,000 crore

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The company’s board met on Monday to finalise the transaction.ET broke the story online before the official announcement.
The software business focuses on core BFSI, with clients in the Middle East, Southeast Asia and India growing at a 6-8% CAGR. It has a core insurance platform called Premia, a core lending platform for banks and NBFCs called Kastle, an anti-money laundering application called AM Lock, a core fund management application called MFund, and ERP software application called Orion, among others.
“Increasing technology spend on core software systems across the BFSI industry and ERP space is driving rapid growth in the enterprise software market in the region,” said Shashank Singh, head of India operations at Apax Partners. ....

Azento Software , Srei Multiple Asset Investment , Canara Bank , Jp Morgan National Retail Lockbox , Punjab National Bank , Jb Software , Patni Computers , Standard Chartered Bank , Regulus Group , Apax Partners , Southeast Asia , National Retail Lockbox , Global Logic , Srei Multiple Asset Investment Trust , Tata Capital , ஸ்ரே பல சொத்து முதலீடு , கனரா வங்கி , ஜ்ப் மோர்கன் தேசிய சில்லறை பூட்டுப்பெட்டி , பஞ்சாப் தேசிய வங்கி , ஜ்ப் மென்பொருள் , பட்னி கணினிகள் , தரநிலை பட்டய வங்கி , ஒழுங்குமுறை குழு , அப்பாஸ் கூட்டாளர்கள் , தென்கிழக்கு ஆசியா , தேசிய சில்லறை பூட்டுப்பெட்டி ,