Beena Parmar
Finance
Mumbai NBFC Authum gets lenders nod to buy Reliance Commercial Finance
Authum Investment and Infrastructure Ltd will acquire second Anil Ambani group firm Reliance Commercial Finance after lenders approved its resolution ......
TMT
Fintech startup Credit Fair raises seed funding from angel investors
Credit Fair, a consumer lending fintech startup, has raised $15 million (Rs 111.7 crore) as part of its seed round ......
Finance
Incentivise local capital to take risks in stressed space: Brescon managing partner
Mumbai-based Brescon & Allied Partners LLP, which had aborted renewed efforts to start a fund, aims to facilitate distressed deals ......
Infrastructure
Lanco Group's third arm to be dissolved through liquidation
Hyderabad-based Lanco Group’s third subsidiary which runs a thermal power plant has been ordered for liquidation by the bankruptcy tribunal. Lanco ......
Infrastructure
NCLAT sets aside liquidation order of Three C Homes' Lotus City project
A higher appellate tribunal has set aside a liquidation order passed by the National Company Law Tribunal (NCLT) against Lotus ......
TMT
Aquaconnect, Pankhuri, others raise funding
Aqua farmers’ network Aquaconnect has raised $4 million (Rs 29.7 crore) in a pre-Series A round led by Rebright Partners ......
Economy
Bourses issue rules for bankrupt firms to address info asymmetry among investors
India’s two major stock exchanges BSE and NSE on Friday directed companies undergoing the insolvency process to make timely disclosures ......
TMT
Legal hurdles could bedevil lenders efforts aimed at fresh bidding for RCom's telecom biz
Lenders to Reliance Communications Ltd (RCom) are considering restarting the bidding process for the company's telecom business, which may create ......
Infrastructure
US investor Silver Point closes in on Gammon India unit after dropping plans for another
US-based Silver Point Capital is likely to acquire a road firm of Gammon India months after backing out of a ......
TMT
NSDL e-Governance Infrastructure to file draft papers for IPO soon
NSDL e-Governance Infrastructure Ltd (NEGIL) is planning to file for an initial public offering (IPO) soon, two people told VCCircle. The ......
