Finance
Sequoia, Steadview Capital join Aptus Value's $122 mn funding round
Aptus Value Housing Finance India Ltd said on Tuesday it has raised Rs 880 crore ($122 million) in an equity ......
Manufacturing
Supreme Court stays Amtek Auto's liquidation
The Supreme Court has stayed a tribunal’s order to liquidate Amtek Auto Ltd on a plea moved by lenders of ......
Finance
Banks' exposure to NBFCs slowly rising: IIFL Finance CEO Sumit Bali
A year after non-banking finance companies (NBFC) plunged into a liquidity crisis that made investors risk-averse, many firms are looking ......
Infrastructure
IFCI drags KSK Energy Ventures to bankruptcy court
Power producer KSK Energy Ventures Ltd has been admitted into bankruptcy on a plea by non-bank lender IFCI Ltd. IFCI filed...
Investor Bulletin
Podcast: JSW bags another stressed asset; foreign investors may get policy push
Two years after the Reserve Bank of India asked banks to start bankruptcy proceedings against Bhushan Power & Steel Ltd, ......
Manufacturing
NCLT approves JSW's $2.7-bn bid for Bhushan Power & Steel
The National Company Law Tribunal (NCLT) has approved billionaire Sajjan Jindal-led JSW Steel Ltd’s offer of Rs 19,700 crore...
Finance
Fairfax-backed IIFL Finance raises funding from another Canadian firm
Non-banking financial company IIFL Finance Ltd, which counts billionaire Prem Watsa's Fairfax Financial as an investor, has...
Investor Bulletin
Podcast: Mega bank merger, Dewan Housing in spotlight
The government on Friday approved four sets of mergers that will reduce the number of state-owned banks to 12. The move ......
Finance
Maharashtra govt readies new fintech fund for direct startup bets
Government of Maharashtra-backed Mumbai FinTech Hub plans to set up a fund to take direct equity stakes in financial technology...
Healthcare
NCLAT sets aside Sterling Biotech liquidation, allows lenders to drop insolvency case
The National Company Law Appellate Tribunal (NCLAT) has set aside a lower court’s order to liquidate Sterling Biotech Ltd...
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