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Avenue Capital eyes stake in Arcil; Khazanah may buy into Pepe Jeans India

General

23 July, 2018

Avenue Capital eyes stake in Arcil; Khazanah may buy into Pepe Jeans India

New York-based investment firm Avenue Capital Group is in advanced talks to invest about Rs 1,000 crore ($145 million) in ......

Check out the tech startups that got angel funding across the top cities

Startups

23 July, 2018

Check out the tech startups that got angel funding across the top cities

Several tech startups in Mumbai, Bengaluru, Hyderabad and Gurugram attracted angel investments this past week. These included bike taxi startup Baxi. To ......

Piramal Capital invests $95 mn in Goldman Sachs-backed SAMHI Group's hotels

Infrastructure

23 July, 2018

Piramal Capital invests $95 mn in Goldman Sachs-backed SAMHI Group's hotels

Piramal Capital & Housing Finance Ltd (PCHFL), a wholly-owned subsidiary of the diversified Piramal Enterprises Ltd, ......

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Fusion Microfinance scouts for acquisitions to speed up expansion

Finance

23 July, 2018

Fusion Microfinance scouts for acquisitions to speed up expansion

Delhi-headquartered Fusion Microfinance Pvt. Ltd is scouting for acquisitions to expand presence in new regions, its co-founder...

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Lone Star-backed RattanIndia Finance hires real estate head

People

23 July, 2018

Lone Star-backed RattanIndia Finance hires real estate head

RattanIndia Finance Pvt. Ltd, a joint venture of Indiabulls co-founder Rajiv Rattan and US-based private equity firm ......

Over 20 Indian banks sign pact for faster bad-loan resolution

Finance

23 July, 2018

Over 20 Indian banks sign pact for faster bad-loan resolution

More than 20 Indian lenders on Monday signed a pact aimed at faster resolution of bad loans, officials said, while ......

Stressed assets: NCLT clears bids for Monnet Ispat, Adhunik Metaliks, Sirpur Paper

General

20 July, 2018

Stressed assets: NCLT clears bids for Monnet Ispat, Adhunik Metaliks, Sirpur Paper

As Indian banks grapple with nearly $150 billion in bad loans, various branches of the National Company Law Tribunal (NCLT) ......

Fosun weighs Gland Pharma's IPO; Temasek buys Ola shares worth at least $30 mn

General

20 July, 2018

Fosun weighs Gland Pharma's IPO; Temasek buys Ola shares worth at least $30 mn

China’s Shanghai Fosun Pharmaceutical Group Co. is in early discussions with advisers for an initial public offering of Hyderabad-based drugmaker ......

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How NBFCs are making hay while banks wilt under bad loans

Finance

20 July, 2018

How NBFCs are making hay while banks wilt under bad loans

Adversities often throw up new opportunities, provided someone is smart enough to realise it. India’s non-banking financial companies (NBFCs) capitalising ......

Venture capital firm Endiya Partners invests in Steradian Semiconductors

TMT

20 July, 2018

Venture capital firm Endiya Partners invests in Steradian Semiconductors

Steradian Semiconductors Pvt. Ltd, a deep-tech startup that is developing high-performance sensors for autonomous vehicles, has raised its first round ......

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