Finance
PE investor Bay Tree sells a third of its stake in Yes Bank; sitting on 1.2x returns
Bay Tree India Holdings has sold almost a third of its stake in Yes Bank at a price that indicates ......
TMT
Locobuzz, Enthu.AI, Ingenium raise funding; Sitics Logistic Solutions buys Quifers
Locobuzz Solutions, a Mumbai-based digital customer experience SaaS platform, today announced that it has raised Rs 9 crore capital...
Finance
NCLT initiates bankruptcy proceedings against financial unit of fraud-hit Cox & Kings
The National Company Law Tribunal (NCLT) has admitted the financial unit of debt-laden travel firm Cox & Kings to insolvency...
Finance
PE-backed Fincare Small Finance Bank files draft papers for IPO
Private equity-backed Fincare Small Finance Bank has filed for an initial public offering (IPO) worth Rs 1,330 crore (approximately...
Infrastructure
Nalanda-backed Ahluwalia Contracts settles up with creditor, to exit bankruptcy
Ahluwalia Contracts (India) Ltd is all set to exit bankruptcy as the Delhi-based construction firm has settled up with an ......
Infrastructure
European Investment Bank partners SBI to invest in Neev Fund II
European Investment Bank (EIB), in one of its first private equity investments in India, has agreed to pump 100 million ......
Manufacturing
Mumbai-based ARC partners local investor to acquire stressed Odisha steel plant
A Mumbai-based asset reconstruction company (ARC), along with a local investor, has bought a stressed Kolkata-based firm that...
Manufacturing
Bharat Forge buys group company to undertake acquisition of bankrupt Sanghvi Forging
Auto components major Bharat Forge Ltd has fully acquired a group company which will buy stressed Sanghvi Forging & Engineering...
Finance
Central govt gives in-principle nod for strategic divestment in IDBI Bank
The government has given an in-principle approval for strategic divestment along with transfer of management control of IDBI Bank...
Infrastructure
Kotak Special Situations Fund approaching halfway point in deployment
The alternative investment arm of Kotak Investment Advisors Ltd will soon have deployed half its $1 billion fund as it ......
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