Finance
Aditya Birla ARC buys distressed debt of a coal-fired power plant in Chhattisgarh
Aditya Birla Asset Reconstruction Company (ARC) has snapped up debt worth Rs 2,500 crore (about $344 million) of a firm ......
Finance
JM Financial Asset Reconstruction Company to exit another hotel asset
JM Financial Asset Reconstruction Company (ARC) is set to exit another hotel asset as the bankruptcy tribunal has okayed an ......
Finance
Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?
The bankruptcy tribunal’s move last Thursday directing lenders of Dewan Housing Finance Corporation (DHFL) to consider a...
Finance
Bankruptcy cases: Setback for DHFL promoter, Jaiprakash Associates' Manoj Gaur woos lenders
An appeals tribunal has stayed an order by the lower body that had last week asked the administrator of Dewan ......
People
Electric vehicle startup Simple Energy ropes in UiPath's Subramanian as board member
Bengaluru-based electric vehicle (EV) startup Simple Energy has appointed Raghunath Subramanian to its board, the company said...
Manufacturing
Mauritius fund sells stake in Savita Oil; Eyestem, SaveIN, Scenes raise money
Pari Washington India Master Fund has sold 2.92% stake in Mumbai-based petroleum specialties manufacturer Savita Oil Technologies...
Infrastructure
Lenders defer vote on Jaypee Infratech winner as suitors allowed two more days to revise bids
Lenders of bankrupt Jaypee Infratech today decided to defer vote on the winning resolution plan, giving two more days to ......
TMT
Slice raises $23 mn debt in FY21 from Northern Arc Capital, Vivriti, 16 other lenders
Northern Arc Capital and Vivriti Capital are among 18 lenders that invested Rs 165 crore ($22.6 million) debt funding in ......
Infrastructure
Suraksha holds edge over NBCC in upcoming lenders vote on Jaypee Infratech winner
The long-drawn-out battle for bankrupt real estate developer Jaypee Infratech will likely come to an end next week as the ......
Finance
Post-pandemic hope drives half-dozen NBFCs to public markets
Hope of a post-pandemic rebound is driving a flock of non-banking financial companies to the public markets, with at least ......
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