Infrastructure
Chennai consultancy gets greenlight to rescue power plant in Rajasthan
The bankruptcy tribunal has okayed a Chennai consultancy’s plan to rescue a power plant based in the Bikaner district. Refex...
TMT
Stellaris, pi Ventures lead LimeChat round; BlackSoil invests in three startups
LimeChat, an AI-based chatbot startup helping brands boost online sales, has raised $750,000 (about Rs 5.6 crore) in its seed...
Consumer
Yarn maker Sintex Industries enters bankruptcy on creditor plea
An insolvency tribunal has admitted fraud-hit textile and yarn manufacturer Sintex Industries on a plea by Invesco Asset Management...
Manufacturing
JC Flowers ARC emerges top bidder for Sathavahana Ispat but lenders seek better offer
Eight Capital-backed JC Flowers Asset Reconstruction Company has emerged as the highest bidder for stressed maker of pig iron...
Infrastructure
Blackstone-backed IARC aims to yank a road out of bankruptcy
International Asset Reconstruction Company (IARC), backed by Blackstone, is set to acquire a southern toll road asset under the...
Finance
Essar Shipping sails away from bankruptcy after settling up with L&T Finance
Essar Shipping, the group’s second firm to fall into bankruptcy, has exited insolvency after settling up with creditor L&T...
Finance
Ratan Tata, Nilekani's Avanti Finance raises funding from Oikocredit, Nomura, others
Bengaluru-based Avanti Finance, focused on financial inclusion, has raised $26 million (Rs 195 crore) in debt and equity from...
TMT
Falcon Edge Capital leads funding round in SME lender OfBusiness
New York-based hedge fund Falcon Edge Capital has led an investment of $110 million (Rs 817 crore) in SME financing ......
TMT
CP Gurnani, CitiusTech founders back Gurugram-based edtech startup
Tech Mahindra managing director and CEO CP Gurnani has joined CitiusTech founders Rizwan Koita and Jagdish Moorjani in a seed...
Infrastructure
Green Growth Equity Fund's unit buys waste manager IL&FS Environmental
Debt-laden Infrastructure Leasing and Financial Services has sold stake in waste manager IL&FS Environmental Infrastructure...
Most Popular
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News