Finance
Ashok Leyland scales back stake ownership plan for NBFC arm
Hinduja Group flagship Ashok Leyland Ltd will acquire a lower amount of stake in Hinduja Leyland Finance Ltd than originally ......
Finance
RBI nixes Religare's plan to sell NBFC unit to TCG Advisory
The Reserve Bank of India has rejected Religare Enterprises Ltd’s plan to sell its non-banking finance arm to asset management...
Finance
Ashok Leyland to raise stake in NBFC arm Hinduja Leyland Finance
Hinduja Group flagship Ashok Leyland Ltd plans to buy an additional 19% stake in group company Hinduja Leyland Finance Ltd ......
Infrastructure
As airlines battle virus turmoil, Jet Airways gets time till June to find buyer
A bankruptcy court has extended the time to find a buyer for Jet Airways (India) Ltd even as the coronavirus ......
Manufacturing
Madhusudan dairy group unit snaps up steel plant from bankrupt firm
A company that’s part of the group best known for its Madhusudan brand of dairy products has acquired a steel ......
Manufacturing
Fraud-hit CG Power hires Arpwood Capital to raise equity funding
CG Power & Industrial Solutions Ltd, a distressed company backed by private equity firm KKR, has appointed Arpwood Capital...
TMT
Eight Roads-backed fintech platform Kuvera seeks fresh VC funding
Online investment platform Kuvera, which is backed by venture capital firm Eight Roads Ventures, plans to raise Series B funding...
Finance
Cabinet clears Yes Bank rescue plan; ICICI, Axis, Kotak, HDFC to pitch in
The Union Cabinet has approved a reconstruction plan for Yes Bank, finance minister Nirmala Sitharaman said on Friday...
Finance
Yes Bank debacle: How healthy are smaller private-sector banks?
The Reserve Bank of India’s takeover of Yes Bank has heightened concerns about the health of other private-sector lenders,...
Infrastructure
Jet Airways lenders seek two more months for insolvency resolution
With investors not showing up amid global coronavirus outbreak, lenders to Jet Airways will seek another extension of around two...
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