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Infrastructure
Chennai consultancy gets greenlight to rescue power plant in Rajasthan
The bankruptcy tribunal has okayed a Chennai consultancy’s plan to rescue a power plant based in the Bikaner district. Refex...
TMT
Matrix Partners to exit two portfolio companies at huge loss after six years
Two firms that rolled into Matrix Partners’ portfolio around six years ago are all set to give the early stage ......
TMT
New investors pump money into auto classifieds platform CarTrade ahead of IPO
Automobile classifieds portal CarTrade has closed a round involving three new investors ahead of its initial public offering,...
TMT
Fireside in talks to back stealth startup that aims to replicate Thrasio in India
Consumer sector focused venture capital firm Fireside Ventures is in advanced talks to back a homegrown stealth mode startup modelled...
Finance
Piramal Capital ropes in former realty exec of Edelweiss Financial Services
A senior executive from the real estate team of Edelweiss Financial Services has joined Piramal Capital and Housing Finance, two...
Infrastructure
Blackstone-backed IARC aims to yank a road out of bankruptcy
International Asset Reconstruction Company (IARC), backed by Blackstone, is set to acquire a southern toll road asset under the...
Finance
Weekly Deals Wrap: Unicorns come galloping; clouds part, $3 bn rains; Byju's big buy
Five of the nine unicorns this calendar year were born in this first week of the new fiscal as investors ......
People
Chinese investors paring stakes in Indian startups is a non-issue: Madhukar Sinha, India Quotient
Early Sharechat and Lendingkart backer India Quotient (IQ) hit the road earlier this year to raise its fourth consecutive fund. The ......
Healthcare
PE-backed stent maker decides to float, attracts banker pitches for IPO
A slew of bankers are angling for the underwriting business of an initial public offering (IPO) as India’s largest cardiac...
Finance
Top exec leaves Xander Finance amid raft of departures, may join real estate PE
A top executive at the non-banking finance company of The Xander Group has quit the NBFC after almost nine years ......