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Tribunal asks DHFL administrator to table ex-promoter's offer before lenders

Finance

19 May, 2021

Tribunal asks DHFL administrator to table ex-promoter's offer before lenders

The bankruptcy tribunal today asked the administrator of Dewan Housing Finance Corporation Ltd (DHFL) to table a settlement offer...

Biological E to produce J&J COVID-19 vaccine

Healthcare

19 May, 2021

Biological E to produce J&J COVID-19 vaccine

India's Biological E will produce the Johnson & Johnson COVID-19 vaccine alongside its own candidate, its managing director...

Torrent Pharmaceuticals plans to raise $682 million

Healthcare

18 May, 2021

Torrent Pharmaceuticals plans to raise $682 million

Drugmaker Torrent Pharmaceuticals Ltd on Tuesday said that its board has approved raising funds up to Rs 5,000 crore ($682 ......

Corporate law firm Khaitan sets up office in Chennai to expand south India footprint

General

18 May, 2021

Corporate law firm Khaitan sets up office in Chennai to expand south India footprint

Corporate law firm Khaitan & Co said on Tuesday it would open a new office in Chennai in a bid ......

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Virus hits mid-stage funding volumes even as investors boast bigger cheques

Finance

18 May, 2021

Virus hits mid-stage funding volumes even as investors boast bigger cheques

Mid-stage dealmaking volumes fell in virus-hit years even as investors sent out bigger cheques for Series B and C rounds, ......

Federal Bank to invest in financial services unit via rights issue

Finance

18 May, 2021

Federal Bank to invest in financial services unit via rights issue

Private sector lender Federal Bank on Tuesday said it would invest Rs 148 crore ($20.2 million) in its financial services ......

Grapevine: Actis to buy solar assets from Finland's Fortum; NIIF to invest in FirstCry

General

18 May, 2021

Grapevine: Actis to buy solar assets from Finland's Fortum; NIIF to invest in FirstCry

Private equity firm Actis is looking to acquire four-fifths of the stake in 500 megawatts of solar projects in India ......

BDA Partners ropes in former KPMG banker to co-lead Asia healthcare division

Finance

17 May, 2021

BDA Partners ropes in former KPMG banker to co-lead Asia healthcare division

New York-based investment bank BDA Partners has appointed Sanjay Singh as managing director and head in the country.  Singh...

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Indian demand for infra debt funding is rising: AMP Capital's Simon La Greca

Finance

17 May, 2021

Indian demand for infra debt funding is rising: AMP Capital's Simon La Greca

Australian investment manager AMP Capital recently agreed to co-finance the portfolio and debt of Sadbhav Infrastructure Project by up to ......

Central bank tells lenders to re-consider ties with crypto exchanges, traders

TMT

13 May, 2021

Central bank tells lenders to re-consider ties with crypto exchanges, traders

India's central bank is informally urging lenders to cut ties with cryptocurrency exchanges and traders as the highly speculative...

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