Finance
How Spotify inspired Catholic Syrian Bank to look at an unusual listing plan
In April last year, Sweden's Spotify Technology SA went public in an unconventional manner. The world's largest music...
Finance
Fairfax-controlled Catholic Syrian Bank plans direct listing on bourses
Catholic Syrian Bank, which is majority owned by India-born Canadian billionaire Prem Watsa’s Fairfax India Holdings Corp,...
Finance
Ambit to sell stake in ARC joint venture with JC Flowers to local, foreign firms
Ambit Pvt. Ltd is set to exit its asset reconstruction joint venture with US-based JC Flowers & Co. by selling ......
Finance
NCLT says Sterling Biotech withdrawal a case for re-entry of defaulting promoters
Hearing the Sterling Biotech case, the National Company Law Tribunal (NCLT) said that withdrawal from proceedings can violate...
Infrastructure
Tatas enter airport sector, join GIC & SSG Capital to bet $1.15 bn on GMR Airports
Tata Group, Singapore sovereign wealth fund GIC and stressed assets investor SSG Capital Management will together invest Rs 8,000...
Infrastructure
Jyoti Structures bankruptcy resolution back on track as tribunal quashes liquidation order
An appellate tribunal has dismissed an order by a bankruptcy court to liquidate Jyoti Structures Ltd and asked it to ......
Finance
Edelweiss targets $1-bn corpus for structured credit fund
Edelweiss Financial Services Ltd is aiming to raise up to $1 billion for its structured credit-focussed Edelweiss Special Opportunities...
Finance
Former Axis Capital merchant banker joins as CEO of state-run lender
A former deputy chief executive officer of Axis Capital will join a government-owned tourism industry financier as managing director...
Manufacturing
Kalpataru Power acquires majority stake in Swedish engineering company
Kalpataru Power Transmission Ltd said on Monday it has signed a pact to acquire an 85% stake in Linjemontage i ......
Infrastructure
Naresh Goyal exits Jet Airways board as lenders take control
Naresh Goyal, the founder-chairman of cash-strapped Jet Airways, and his wife Anita Goyal have stepped down from the board, the...
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