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PE-backed GR Infraprojects chose the road less taken. Did it make a difference?

Infrastructure

20 February, 2020

PE-backed GR Infraprojects chose the road less taken. Did it make a difference?

Twice in less than two years, between 2016 and 2018, GR Infraprojects Ltd attempted to float an initial public offering. ......

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Olympus Capital Asia Credit raising India-focused fund

Finance

20 February, 2020

Olympus Capital Asia Credit raising India-focused fund

Singapore-based Olympus Capital Asia Credit, which provides structured lending solutions to mid-sized corporations in the Asia-Pacific,...

Grapevine: Apax, others eye CSS Corp; Adani may infuse funds in Simplex Infra

General

20 February, 2020

Grapevine: Apax, others eye CSS Corp; Adani may infuse funds in Simplex Infra

Private equity funds including Apax Partners and Kedaara Capital are in early discussions to acquire US-headquartered IT company...

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Sector watch: Beardo first male grooming startup in the black as others awash in red

Consumer

20 February, 2020

Sector watch: Beardo first male grooming startup in the black as others awash in red

A few years ago a bunch of digital-first startups began tapping into a new male-grooming segment that went beyond mass-market...

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Steelmaker becomes first distressed firm to recast debt under same management

Manufacturing

19 February, 2020

Steelmaker becomes first distressed firm to recast debt under same management

A Chhattisgarh-based iron and steel products maker has become the first distressed company to restructure its debt under the same...

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These three sectors account for nearly three-fourths of bankruptcy cases

Finance

19 February, 2020

These three sectors account for nearly three-fourths of bankruptcy cases

Ever since India implemented a new bankruptcy law in 2016, creditors have been quick to drag defaulters to various courts ......

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What all Max Group wants to put on its commercial estate cart?

Infrastructure

19 February, 2020

What all Max Group wants to put on its commercial estate cart?

Analjit Singh-led diversified Max Group, which has brought nearly two million square feet (sq ft) under its belt across three...

CCI finds no proof of cartelisation among IndiGo, SpiceJet and others

Infrastructure

19 February, 2020

CCI finds no proof of cartelisation among IndiGo, SpiceJet and others

Investigators with India’s antitrust watchdog have found no evidence that the country’s biggest airline, IndiGo, and...

Grapevine: Investors may double Dream11 valuation; IL&FS likely to set up InvIT

General

19 February, 2020

Grapevine: Investors may double Dream11 valuation; IL&FS likely to set up InvIT

Several investors in fantasy sports platform Dream11 are in talks to undertake a secondary transaction that may value it at ......

Govt may give reprieve to solar projects delayed by coronavirus fallout

Infrastructure

18 February, 2020

Govt may give reprieve to solar projects delayed by coronavirus fallout

India will consider extending deadlines for completing solar energy projects to shield developers from stiff penalties after the...

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