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Manufacturing
Bankrupt firm, once backed by Citi fund, finds suitors in Ravi Jhunjhunwala, others
A bankrupt textile firm, previously backed by Citigroup fund, has found two suitors including a group firm owned by businessman...
Finance
Dark clouds hanging over India Inc scatter at a faster pace
A sliding economy took a toll on India Inc before the coronavirus made things worse in April-June. Corporate results started...
TMT
Former Flipkart execs' retail-tech startup Arzooo dials venture debt firms
Sterne India Pvt. Ltd, which operates retail-technology platform Arzooo, is in discussions with two venture debt investors to...
Consumer
L Catterton signs follow-on cheque for pandemic-hit restaurant chain
Singapore based private equity (PE) firm L Catterton has made a follow-on investment in one of its portfolio companies in ......
Finance
Budget 2021 creates new tax headache for domestic funds
The Union Budget has introduced amendments in the Securities Contract Regulation Act (SCRA), which defines Alternative Investment...
Infrastructure
Office space poised for growth as economy seen recovering: Brookfield's Ankur Gupta
India’s real estate investment trust (REIT) market has come a long way. Brookfield India REIT, the third such offering in ......
People
Advent International executive resigns to join sovereign wealth fund
A top Advent International executive has resigned to join a United Arab Emirates-based sovereign wealth fund, as the latter builds...
Infrastructure
Value Lens: Brookfield India REIT shows larger discount to asset value than peers
In the initial public offering tomorrow, Brookfield India REIT’s units have been priced at a 12% discount to their net ......
Finance
Budget 2021: Additional sops for sovereign, pension funds for infra investments
Finance minister Nirmala Sitharaman has relaxed conditions for sovereign wealth funds and pension funds looking to make infrastructure...
Finance
I-banker on sabbatical floats political party focused on Bengaluru
An investment banker, with over two decades of dealmaking experience, told VCCircle he has co-founded a political party targeting...
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