Finance
PE-backed ARC among bidders for Anil Ambani's home finance arm
Four asset reconstruction companies (ARCs) and a non-banking finance company have submitted bids for Reliance Group’s (formerly...
Manufacturing
JM Financial ARC, US firm invest $28 mn in textile company
Homegrown financial services firm JM Financial Ltd’s asset reconstruction arm and a San Francisco, US-based investment firm...
Finance
Oaktree bids most for Dewan Housing as Piramal, Adani revise offers
US-based Oaktree Capital Management has likely submitted the highest bid for Dewan Housing Finance Corp (DHFL) even as Piramal...
Healthcare
VCCircle summit panel urges govt, investors to chuck more bucks at drug R&D
The Indian government and the local industry must hike their budgets for pharma research and development to catch up with ......
Finance
Värde Partners to invest $135 mn in southern real estate firm
Alternative investment firm Värde Partners will extend a loan of around Rs 1,000-1,250 crore ($135-170 million) to a south...
TMT
Reliance Infratel lenders to take 90% haircut as Jio set to take control
Reliance Infratel Ltd’s financial creditors will take a haircut of as much as 90% on their loans under a court-approved...
Finance
Godrej Housing CEO Manish Shah on growth pillars, supply-demand challenges and more
Diversified conglomerate Godrej Group entered the crowded housing finance sector last month. The entry comes at a time when not ......
Infrastructure
Cube Highways to buy road tunnel in its biggest India deal
Cube Highways and Infrastructure Pte Ltd is set to acquire a road tunnel from Infrastructure Leasing & Financial Services...
Manufacturing
ARC prepares to swoop in on steel firm even as lenders near one-time settlement
A top asset reconstruction company (ARC) is circling a steel maker even as lenders near a one-time settlement (OTS) with ......
Finance
Tata Capital to reduce focus on unsecured and SME loans: CEO
Tata Capital Ltd, the financial services arm of the diversified Tata Group, is focused on growing its secured loan book ......
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