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Finance
Sterlite Power raises Rs 1,300 crore bridge finance from Allianz, local investor
Transmission company Sterlite Power has raised Rs 1,300 crore ($176.7 million) in debt financing from Germany’s Allianz...
General
OYO secures fresh cheque, onboards new director for European vacation homes biz
Budget hotel aggregator OYO on Monday said it has received an investment from Martin Söderström, with the Swedish businessman...
Finance
Indian lenders' bad loans may rise significantly: Financial stability report
Indian banks may see bad loans double despite signs of an improvement in the economic impact of the COVID-19 pandemic, ......
Finance
Dutch development finance institutions to invest in agri-focused NBFC Samunnati
Samunnati Financial Intermediation & Services Pvt Ltd will raise €10 million (about $12 million or Rs 89 crore) in debt...
Consumer
PE-backed Parag Milk Foods to raise debt funding from IFC
Parag Milk Foods Ltd, the dairy and value-added products manufacturer that offers brands including the Go brand of cheese, will...
Finance
SMEcorner CEO Samir Bhatia on asset-light co-lending, growth roadmap post pandemic
Coming through a difficult year on account of the Covid-19 pandemic, microlending platform SMEcorner expects to more than double...
Healthcare
Former HDFC Bank chief exec Aditya Puri joins Strides as adviser
Bengaluru-based Strides group has appointed Aditya Puri, former managing director and chief executive officer of HDFC Bank, as...
General
Grapevine: PEs eye stake in GVK Biosciences; FirstCry early investors may sell shares
Singapore’s Temasek Holdings, Goldman Sachs, and global PE firm Carlyle are competing to acquire around 30% stake in Hyderabad-based...
Consumer
Tano Capital backed Sanghvi Brands' CEO resigns
Sanghvi Brands Ltd on Thursday said its chief executive officer Rajesh Srinivas Bail has resigned on account of personal reasons. The...
Finance
IL&FS Solar Power clears all debt
Debt-ridden Infrastructure Leasing and Financial Services (IL&FS) Group’s solar power firm said it has paid its entire...
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