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General
L&T Infotech looks to buy into Mindtree; Jio may spin off towers into infra trust
Mindtree’s largest shareholder, VG Siddhartha, is in advanced discussions with L&T Infotech, KKR, Baring Private Equity...
Finance
How IIFL Finance is strengthening its capital base
IIFL Finance Ltd plans to add more fixed-income instruments and long-term borrowings to its debt capital,...
General
Hero Future eyes Fotowatio's solar project; SoftBank may invest $400 mn in FirstCry
Hero Future Energies Pvt. Ltd, the renewable power unit of Hero Group, is looking to acquire a solar power project ......
Consumer
Sattviko's Prasoon Gupta on how khakhra chips turned around the firm's fortunes
Healthy packaged snacks were merely an afterthought at Sattviko’s quick service restaurants before their popularity turned them into the company’s ......
Finance
SAIF Partners-backed Aye Finance raises $10 mn in debt funding
Non-banking finance company Aye Finance Pvt. Ltd said on Thursday it has raised $10 million (Rs 71 crore) in debt ......
Finance
Edelweiss' private-credit fund raises $1.3 bn for investment in stressed assets
Edelweiss Alternative Asset Advisors Ltd, a unit of Edelweiss Financial Services Ltd, has raised Rs 9,200 crore ($1.3 billion)...
Finance
SBI puts its entire loan exposure to debt-laden Essar Steel on the block
State Bank of India (SBI) has put its entire loan exposure to debt-laden Essar Steel Ltd worth Rs 15,431 crore ......
General
Petronas may buy into Amplus; Cadila, TPG in talks with Indoco for part of local biz
New York-based I Squared Capital is in talks with Malaysian state oil company Petronas to sell a majority stake in ......
Finance
Former PepsiCo CEO Indra Nooyi in the running to become World Bank chief
The White House is considering former PepsiCo Inc (PEP.O) Chief Executive Indra Nooyi, Treasury Department official David Malpass...
Infrastructure
Fundraising may suffer as more homebuyers drag developers to insolvency courts
The real estate industry’s fundraising prospects may take a hit as freshly empowered homebuyers increasingly drag developers...
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