Consumer
Bankers block Haldiram's big-ticket entry into dairy business yet again
Haldiram Snacks Pvt. Ltd’s attempt to acquire a debt-laden dairy company hasn’t made any headway with lenders to the...
Manufacturing
Supreme Court clears decks for ArcelorMittal to buy Essar Steel
The Supreme Court has cleared the decks for global steel giant ArcelorMittal SA’s Rs 42,000 crore ($5.85 billion) acquisition of ......
Finance
Aviva Life under IBC for not paying landlord; first financial firm to enter NCLT
The bankruptcy tribunal has ordered proceedings against Aviva Life Insurance in a case by Apeejay Trust for failure to pay ......
Consumer
IL&FS gets creditors' nod for sale of education business to Career Point Publications
Infrastructure Leasing & Financial Services (IL&FS) has got approval to sell its majority holding in Schoolnet India Ltd...
Finance
Carlyle veteran's new PE firm Sanaka inks debut deal with Edelweiss
Sanaka Capital, a private equity firm floated by Shankar Narayanan, former managing director and co-head of the Asia Growth Capital...
Finance
IL&FS gets one offer for back-office arm, seeks more bids
Infrastructure Leasing & Financial Services Ltd (IL&FS) has received one offer for its stake in a back-office services...
Finance
Management guru Ram Charan on how founders, investors can avoid succession issues
A number of high-profile startups have seen their founders leave in recent years as investors get more active. In the ......
Consumer
Haldiram's big-ticket move to enter dairy business hits a hurdle
Haldiram Snacks Pvt. Ltd’s plan to acquire a dairy company has run into a roadblock after the insolvent firm’s lenders...
Finance
Arcil hires Edelweiss exec as chief investment officer
Asset Reconstruction Company (India) Ltd, or Arcil, has hired a senior executive from Edelweiss Group to oversee stressed-asset...
TMT
Insolvency court admits case against Flipkart but high court orders stay
A tribunal in Bengaluru has ordered to start insolvency proceedings against Flipkart India Pvt. Ltd for a payments default, but...