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Sensex, Nifty at record closing high as mkts rise for 7th day


Bullish earnings led heavy buying in IT majors, which took the indices to a new all-time high during the intra-day trade.

Lightbox’s $90M tech-focused VC fund oversubscribed 

Sainul K Abudheen

The fund had announced its first close at $25 million in April this year.

ASK Pravi hits $50M in interim close for maiden PE fund 

Diksha Dutta

The PE firm has just struck its third investment and first control deal.

RBI working on system for exit by businesses facing bankruptcy


According to RBI executive director B Mahapatra, sectors such as iron and steel, fertilisers and infrastructure are hit by stressed assets.

Reliance Capital’s PE business top brass floating independent fund

Its portfolio consists of Pathways World School, Shankara Infrastructure Materials, Max Flex, VVF (India), Butterfly Gandhimathi Appliances and Amber Enterprises.

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