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Go First, lessors lock horns as bankruptcy hearings begin

Infrastructure

05 May, 2023

Go First, lessors lock horns as bankruptcy hearings begin

Indian airline Go First's effort to start insolvency proceedings has become ensnared in a tussle with aircraft ......

Grapevine: Vedanta, Torrent eye Coastal Energen; Omega Seiki seeks PE funding

General

05 May, 2023

Grapevine: Vedanta, Torrent eye Coastal Energen; Omega Seiki seeks PE funding

Power generation company Coastal Energen, which is undergoing an insolvency process, has attracted interests from a ......

SoftBank-backed Meesho trims 15% workforce

TMT

05 May, 2023

SoftBank-backed Meesho trims 15% workforce

SoftBank-backed e-commerce platform Meesho has sacked 15% of its total workforce or nearly 251 employees, joining a long......

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Zydus promoters eye $200 mn from sale of private clinical research biz

Finance

04 May, 2023

Zydus promoters eye $200 mn from sale of private clinical research biz

Zydus Group is exploring the sale of its clinical research business, Cliantha Research Ltd, in a deal that could ......

JSW Steel USA plans to invest $145 mn to ramp-up US ops

General

03 May, 2023

JSW Steel USA plans to invest $145 mn to ramp-up US ops

JSW Steel Ltd on Wednesday said its subsidiary, JSW Steel USA, is set to invest $145 million in a series ......

Bodhi Tree-backed Allen Institute hires former Marigold Park Capital exec as CEO

Consumer

03 May, 2023

Bodhi Tree-backed Allen Institute hires former Marigold Park Capital exec as CEO

Test preparation centre Allen Career Institute, which counts Rupert Murdoch and Uday Shankar-backed Bodhi Tree Systems ......

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How this Jhunjhunwala pivoted Airpay, navigated a down round and turned a corner

People

03 May, 2023

How this Jhunjhunwala pivoted Airpay, navigated a down round and turned a corner

A few months before the Covid-19 pandemic jolted businesses and economies worldwide in early 2020, Kunal Jhunjhunwala ......

Go First Airways files for insolvency proceedings, suspends flights

Infrastructure

02 May, 2023

Go First Airways files for insolvency proceedings, suspends flights

Cash-strapped Indian airline Go First Airways has suspended its flights for May 3 and 4, and filed for insolvency ......

Grapevine: GIC may back Pixxel; Birla Tyres gets two bids

General

02 May, 2023

Grapevine: GIC may back Pixxel; Birla Tyres gets two bids

Bengaluru and Los Angeles-based spacetech platform Pixxel is in discussions with Singapore's GIC, Google and ......

Grapevine: Tiger Global exits Freshworks; Cred's Shah taps GIC for new NBFC

General

01 May, 2023

Grapevine: Tiger Global exits Freshworks; Cred's Shah taps GIC for new NBFC

Tiger Global, one of the most active venture capital backers in India over the past decade, has made its second ......

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