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Lenders take nearly 61% haircut in stressed MSP Sponge Iron OTS scheme

Manufacturing

19 April, 2021

Lenders take nearly 61% haircut in stressed MSP Sponge Iron OTS scheme

The promoters of Kolkata based MSP Sponge Iron Ltd have completed a one-time settlement (OTS) scheme with its consortium of ......

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Finance

19 April, 2021

ICICI Prudential AMC aiming to launch sixth residential real estate fund

ICICI Prudential Asset Management Company (AMC) is aiming to float its sixth residential real estate fund, two people told VCCircle. The...

Healthcare

16 April, 2021

Serum Institute of India appeals to Biden to lift embargo on raw material exports

The Serum Institute of India (SII), the world's biggest vaccine maker, on Friday urged US President Joe Biden to lift ......

Healthcare

16 April, 2021

India extends record rise in COVID-19 cases, election rallies continue

India extended a record daily run of new COVID-19 infections on Friday, spurred by hundreds of positive tests at a ......

General

16 April, 2021

Grapevine: Manipal Health resumes talks for AMRI; Multiples may lead Licious round

Hospital chain operator Manipal Health Enterprises has resumed talks to buy Kolkata-based AMRI (Advanced Medical Research Institute)...

Finance

15 April, 2021

Citigroup profit triples on reserve release, to exit some consumer units in Asia

Citigroup Inc trounced market estimates for first-quarter profit on Thursday as the third-largest U.S. lender released reserves...

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Infrastructure

15 April, 2021

Tribeca counting on Trump-branded villas, turnaround projects for growth

Tribeca Developers, known for bringing the Trump brand to India, is working on plans to launch more Trump-branded projects and...

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TMT

15 April, 2021

Softbank set to invest approximately $450 mn in Swiggy

SoftBank Vision Fund 2 is expected to invest approximately $450 million in Swiggy. The deal will mark Masayoshi Son led ......

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Finance

15 April, 2021

Hong Kong-based Ares SSG raises capital for third secured-lending fund

Alternative asset manager Ares SSG, previously known as SSG Capital, has raised capital for its latest secured lending fund focused...

TMT

15 April, 2021

Facebook signs first deal to buy renewable energy in India

Facebook has signed a deal to buy renewable energy in India from a local firm's wind power project, the social ......

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