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NLC to invest $125 mn in green JV with Assam discom

Infrastructure

14 March, 2023

NLC to invest $125 mn in green JV with Assam discom

State-run NLC India Ltd (formerly Neyveli Lignite Corp. Ltd) plans to invest ₹1,000 crore ($125 million) for a 51% stake ......

Welspun One floats second warehousing fund; eyes almost fivefold jump in AUM

Infrastructure

13 March, 2023

Welspun One floats second warehousing fund; eyes almost fivefold jump in AUM

Welspun One Logistics Parks (Wolp), an integrated fund and development management platform focused on warehousing and industrial real estate, announced ......

Govt aims rating upgrade citing better post-Covid economic conditions

Economy

13 March, 2023

Govt aims rating upgrade citing better post-Covid economic conditions

India is seeking an upgrade to its sovereign credit rating, currently at the lowest-possible investment grade, as the Asian nation ......

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In Charts: How highway construction is slowing and how serious is NHAI's debt burden

Infrastructure

13 March, 2023

In Charts: How highway construction is slowing and how serious is NHAI's debt burden

In mid-February, speaking at a conclave, Union Road Transport and Highways Minister Nitin Gadkari said that India’s road network will ......

SVB collapse: Experts warn of bad investor behaviour as US govt stems a banking crisis

Finance

13 March, 2023

SVB collapse: Experts warn of bad investor behaviour as US govt stems a banking crisis

US regulators may have stemmed a banking crisis by guaranteeing deposits of collapsed Silicon Valley Bank (SVB), but some experts ......

Revenue-based financiers step in to aid SVB-hit startups

Finance

13 March, 2023

Revenue-based financiers step in to aid SVB-hit startups

Startups impacted by the collapse of Silicon Valley Bank (SVB) are being offered interim financing from funding platforms such as ......

SVB crisis to hit over 10,000 startups, 1 lakh jobs: Y Combinator

Finance

13 March, 2023

SVB crisis to hit over 10,000 startups, 1 lakh jobs: Y Combinator

In a petition to the US government on Sunday, Y Combinator stated that around 10,000 small businesses with accounts in ......

Grapevine: Avaada, PhonePe gear up for big deals; GQG may invest in Adani's cement biz

General

13 March, 2023

Grapevine: Avaada, PhonePe gear up for big deals; GQG may invest in Adani's cement biz

Canadian alternative investment firm Brookfield is in advanced talks to invest up to $1 billion through multiple tranches in Avaada ......

Explained: What led to Silicon Valley Bank's meltdown

Finance

13 March, 2023

Explained: What led to Silicon Valley Bank's meltdown

SVB Financial Group Inc's shutdown and takeover by banking regulators on Friday can be traced to the U.S. Federal Reserve ......

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Banks race to save startups after Silicon Valley Bank collapse

TMT

13 March, 2023

Banks race to save startups after Silicon Valley Bank collapse

At least three Indian banks—Axis Bank, Kotak Mahindra Bank, and ICICI Bank—along with the Indian unit of HSBC, assembled crack ......

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