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Chennai consultancy gets greenlight to rescue power plant in Rajasthan

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...

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Matrix Partners to exit two portfolio companies at huge loss after six years

TMT

13 April

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 ......

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New investors pump money into auto classifieds platform CarTrade ahead of IPO

TMT

12 April

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,...

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Fireside in talks to back stealth startup that aims to replicate Thrasio in India

TMT

12 April

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...

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Piramal Capital ropes in former realty exec of Edelweiss Financial Services

Finance

12 April

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...

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Blackstone-backed IARC aims to yank a road out of bankruptcy

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...

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Weekly Deals Wrap: Unicorns come galloping; clouds part, $3 bn rains; Byju's big buy

Finance

09 April

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 ......

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Chinese investors paring stakes in Indian startups is a non-issue: Madhukar Sinha, India Quotient

People

12 April

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 ......

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PE-backed stent maker decides to float, attracts banker pitches for IPO

Healthcare

09 April

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...

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Top exec leaves Xander Finance amid raft of departures, may join real estate PE

Finance

09 April

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 ......