Manufacturing
Purnendu Chatterjee's TCG looks to acquire bankrupt textile company
A chemicals manufacturer that’s part of the Purnendu Chatterjee-led The Chatterjee Group (TCG) has made an offer to acquire...
Manufacturing
PE funds, electronics companies among bidders for Videocon assets
Bankrupt consumer appliances maker Videocon Industries Ltd and a dozen of its units have received 11 offers for their assets ......
Finance
Asian alternatives firm PAG strikes $137-mn private credit deal in India
Hong Kong-based alternative investment firm PAG, recently in news for cofounding a pharma platform and striking a deal related...
Finance
Why Shriram Group may drop plan to re-induct Bhatia on board of vehicle finance arm
Shriram Group may drop its plan to re-induct PE giant TPG Capital’s Puneet Bhatia as a nominee on the board ......
Finance
ICICI Bank pares stake in stock broking unit ICICI Securities
ICICI Bank, India’s second-largest private-sector bank, said Friday it has pared its stake in its broking and investment...
Finance
Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets
The resolution of distressed assets under the Insolvency and Bankruptcy Code (IBC) has hit a big stumbling block with the ......
Finance
Shriram Transport parent nominates PE exec ousted from board
Shriram Transport Finance Corporation (STFC) and its promoters have nominated for re-induction as a director an executive of private...
TMT
Digital lender Avail Finance's valuation rises three-fold as Falcon Edge joins as investor
Avail Finance, a digital lender that seeks to provide instant collateral-free personal loans, has raised its Series B round of...
TMT
Podcast: Aye Finance's MD on business challenges and coping with the pandemic
The COVID-19 pandemic has adversely impacted most businesses and made it difficult for them to raise capital from risk-averse...
TMT
Cognizant to purchase Tin Roof Software in sixth acquisition this year
Nasdaq-listed IT major Cognizant Technology Solutions Corp has entered into an agreement to acquire US-based Tin Roof Software. The...
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