Finance
Will small, mid-sized distressed firms find suitors or face liquidation?
Indian banks and regulators have thus far focused mainly on big defaulters in their battle against stressed assets. And many ......
Consumer
Amazon picking up 3.5% beneficial stake in Future Retail worth well over $100 mn
Ecommerce giant Amazon Inc is picking an indirect stake in Future Retail Ltd that runs hypermarket chain big Bazaar among ......
Infrastructure
Shell sells entire holding in Mahanagar Gas for $110 mn
Global energy giant Royal Dutch Shell Plc has sold its entire 10% stake in compressed natural gas and piped natural ......
Finance
Does the bankruptcy law need more changes?
There is a broad agreement that the existing norms for bankruptcy resolution are not enough. Also, the infrastructure isn't enough ......
TMT
John Chambers-backed AI startup Uniphore closes Series C funding round
Uniphore Software Systems Pvt. Ltd said on Tuesday it has raised $51 million (Rs 363 crore) in a Series C ......
Manufacturing
Reliance to sell 20% stake in oil-to-chemicals biz to Saudi Aramco
India’s Reliance Industries Ltd is set to sell a 20% stake in its oil to chemicals business to Saudi Aramco ......
People
Two of India's highest-paid execs freeze salaries for second year
Sun TV Network Ltd chairman Kalanithi Maran and executive director Kavery Kalanithi have decided to freeze their salaries for...
Finance
Brookfield raises $8.3 bn for new private equity fund
Brookfield Asset Management Inc has mopped up a tad more than $8.3 billion for its new private equity fund, as ......
Finance
NIIF gets $2 bn commitment from Australian, Canadian pension funds
The National Investment and Infrastructure Fund (NIIF) of India has received funding commitment of up to $1 billion (Rs 7,066...
General
Faasos parent, UrbanClap steal limelight in top startup funding deals this week
Rebel Foods, the parent of internet kitchen platform Faasos, and home services platform UrbanClap walked away with the biggest cheques ......