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Grapevine: Adani Transmission looks to buy Essel project

General

21 October, 2020

Grapevine: Adani Transmission looks to buy Essel project

Adani Transmission Ltd is planning to buy a power transmission project from Essel Infraprojects Ltd, a unit of debt-laden Essel...

Podcast: OkCredit CEO on M&A talk reports with Khatabook and more

TMT

21 October, 2020

Podcast: OkCredit CEO on M&A talk reports with Khatabook and more

Fintech startup OkCredit, which is backed by marquee investors including Tiger Global and Lightspeed, swung into the spotlight...

Premium
Two more senior execs quit Clix Capital ahead of merger with Lakshmi Vilas Bank

Finance

21 October, 2020

Two more senior execs quit Clix Capital ahead of merger with Lakshmi Vilas Bank

Two senior executives of Clix Capital have moved out just months after chief executive officer (CEO) Bhavesh Gupta quit, two ......

Premium
IndoStar continues to strengthen top deck, ropes in exec from HDFC Bank unit

Finance

20 October, 2020

IndoStar continues to strengthen top deck, ropes in exec from HDFC Bank unit

IndoStar Capital Finance Ltd, majority-owned by Canadian investor Brookfield Asset Management, has roped in a top executive from...

India posts lowest daily new coronavirus cases in nearly three months

General

20 October, 2020

India posts lowest daily new coronavirus cases in nearly three months

India posted its lowest daily coronavirus caseload in nearly three months, data from the health ministry showed on Tuesday, as...

Grapevine: ITC, Paper Boat eye Raw Pressery; Blackstone may buy L&T Mutual Fund

General

20 October, 2020

Grapevine: ITC, Paper Boat eye Raw Pressery; Blackstone may buy L&T Mutual Fund

Premium cold-pressed juices producer Raw Pressery is in talks with multiple consumer goods players including ITC and Paper Boat...

Founder-led firms outpacing CEO-led ones in market recovery

TMT

20 October, 2020

Founder-led firms outpacing CEO-led ones in market recovery

Technology companies led by their founders have been the standout winners in share price performance and profit growth this year,...

Premium
Essar Capital hires Religare exec as senior MD

Finance

19 October, 2020

Essar Capital hires Religare exec as senior MD

The Ruia family-backed Essar Capital Ltd, the investment manager of Essar Global Fund Ltd, has appointed a former Religare Finvest...

Premium
I-bank o3 Capital rethinks credit strategy on virus outbreak as top exec quits

Finance

19 October, 2020

I-bank o3 Capital rethinks credit strategy on virus outbreak as top exec quits

Mid-market investment banking firm o3 Capital Global Advisory Pvt. Ltd is re-evaluating its credit strategy as investors’...

Govt asks state-run firms to consider buybacks in move to bridge fiscal gap

Economy

19 October, 2020

Govt asks state-run firms to consider buybacks in move to bridge fiscal gap

India has asked at least eight state-run companies to consider share buybacks in the fiscal year that runs through March ......

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