Infrastructure
Goldman Sachs joins Varde Partners to take over RattanIndia Power's debt
Global investment bank Goldman Sachs has teamed up with alternative investment firm Värde Partners to take over RattanIndia...
Finance
Regulator paves way for Reliance Capital to sell general insurance unit
The insurance regulator has restored 100% shareholding of Reliance General Insurance Company Ltd to Reliance Capital Ltd by cancelling...
TMT
Motilal Oswal Private Equity to invest $35 mn in Gurugram electronics maker VVDN
Motilal Oswal Private Equity (MOPE) has committed Rs 250 crore ($35 million at current exchange rate) to Gurugram-based VVDN Technologies...
Finance
Flashback 2019: Bank mergers, NBFC woes, PE deals keep financial sector in spotlight
India’s banking, financial services and insurance sector went through a roller coaster ride in 2019, as the government launched...
Finance
IFCI sells bulk of its stake in National Stock Exchange
State-owned development finance institution IFCI Ltd said on Tuesday it has divested most of its 2.44% stake in the National ......
Infrastructure
Jet Airways lenders call for fresh bids to find buyers
Jet Airways (India) Ltd will go through a fresh round of bidding as its lenders have decided to make another ......
Finance
Flashback 2019: Stressed assets remain in focus on rising bankruptcies, new challenges
When everything else fails, pray. At least that’s what State Bank of India chairman Rajnish Kumar seems to believe. “Every...
TMT
Media company Sri Adhikari Brothers dragged into bankruptcy
Sri Adhikari Brothers Television Network Ltd has been admitted into bankruptcy after defaulting on a bank loan. The Mumbai...
Manufacturing
Anand Mahindra steps aside in top-level rejig at Mahindra & Mahindra
Mahindra & Mahindra Ltd said on Friday executive chairman Anand Mahindra will move to a non-executive role next year as ......
Finance
Piramal Enterprises hires Axis Bank exec to head consumer finance business
Billionaire Ajay Piramal-led Piramal Enterprises Ltd has appointed Axis Bank finance chief Jairam Sridharan as the CEO of its...
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