People
White Oak Capital Management ropes in Sanctum Wealth Management exec as business chief
White Oak Capital Management, a boutique investment management and advisory firm set up by former Goldman Sachs executive Prashant...
Infrastructure
Neev Fund to sell SunSource to Dutch multinational SHV Energy NV
Private equity firm Neev Fund, backed by State Bank of India (SBI) and UK’s Department for International Development, will...
Manufacturing
KKR-backed stressed textile firm avoids bankruptcy as tribunal tosses lender plea
A tribunal has rejected a plea of government-owned Bank of Baroda (BoB) to initiate bankruptcy against a Mumbai textile company...
TMT
Nivesh.com, Arthya Wealth, KikoTV, and 6Degree raise funding
Nivesh.com has raised $1.6 million (Rs 11.8 crore) in a round led by seed and early-stage investor IAN Fund. The ......
People
Blackstone elevates Amit Dixit to Asia PE head amid raft of promotions across globe
Global private equity major Blackstone Group has elevated Mumbai-based Amit Dixit to the post of Asia PE head amid a ......
Finance
MOPE invests in Fincare Small Finance Bank; True North makes part-exit
Motilal Oswal Private Equity (MOPE) has picked up a minority stake worth around Rs 185 crore ($25 million) in Fincare ......
Finance
SMEcorner ropes in investment banker Vinit Barve; Kotak Mahindra Group elevates insiders
Fintech non-bank lender SMEcorner has announced the appointment of former investment banker Vinit Barve as its strategy and investor...
Finance
After five years, why are bankruptcy resolutions still a fraction of filings?
Less than eight per cent of the bankruptcy filings have been resolved with over three times as many cases ending ......
Finance
NCLT rejects Edelweiss ARC's plea for Mumbai-based water park's bankruptcy
The National Company Law Tribunal (NCLT) has rejected a bankruptcy plea filed by the Edelweiss Assets Reconstruction Company Ltd...
Finance
World Bank's IFC to make debt investment of $150 mn in Bajaj Finance
World Bank’s International Finance Corporation (IFC) will make a debt investment of $150 million (about Rs 1,132 crore)...
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