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Bank of Baroda aims to recover $1.7 bn of bad loans in FY21, about half via bankruptcy

Finance

11 August

Bank of Baroda aims to recover $1.7 bn of bad loans in FY21, about half via bankruptcy

Bank of Baroda aims to recover not less than Rs 13,000 crore ($1.74 billion) worth of non-performing assets (NPAs) for ......

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OrbiMed-backed Suraksha buys Kolkata firm's diagnostics biz

Healthcare

10 August

OrbiMed-backed Suraksha buys Kolkata firm's diagnostics biz

Suraksha Diagnostic Pvt. Ltd, which is backed by healthcare-focused private equity firm OrbiMed, has acquired the diagnostics...

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Why KKR's plan to come in as IndiGrid sponsor came unstuck

Why KKR's plan to come in as IndiGrid sponsor came unstuck

Private equity firm KKR & Co. stepped back from acquiring an additional stake in India Grid Trust likely because of ......

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Ex-Zynga India chief's meat startup Freshtohome ropes in PE investor; valued at $325 mn

TMT

10 August

Ex-Zynga India chief's meat startup Freshtohome ropes in PE investor; valued at $325 mn

Online fish and meat seller Freshtohome Foods Pvt Ltd has raised the first tranche of a larger Series C round ......

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Waterfield appoints BNP Paribas Wealth exec as head of listed investments

Finance

10 August

Waterfield appoints BNP Paribas Wealth exec as head of listed investments

Waterfield Advisors has roped in an executive from BNP Paribas Wealth Management as its chief investment officer (CIO) of listed...

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Blackstone set to ink India's biggest real estate portfolio buyout

Blackstone set to ink India's biggest real estate portfolio buyout

Blackstone Group, whose second co-sponsored real estate investment trust made a strong debut last week, is in advanced talks for...

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CDC's Nagarajan on India investments, post-COVID outlook and more

Finance

10 August

CDC's Nagarajan on India investments, post-COVID outlook and more

CDC Group Plc has investments in 66 countries but India is its single-largest market, accounting for about 28% of the ......

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Can fledgling Avaada Energy tame profit fluctuations amid expansion, pandemic?

Can fledgling Avaada Energy tame profit fluctuations amid expansion, pandemic?

In June, even as most Indian businesses were trying to limp back to a semblance of normalcy following the nationwide ......

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Former KKR exec's firm floats maiden real estate fund

Former KKR exec's firm floats maiden real estate fund

A former executive of global alternative investment firm KKR has floated a real estate-focused private equity fund to tap into...

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Law firm Singh & Associates hires partner to lead indirect tax practice

Finance

07 August

Law firm Singh & Associates hires partner to lead indirect tax practice

Full-service law firm Singh & Associates is foraying into indirect tax practice and has recruited a partner from Ashok Dhingra...