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Not right to drag all distressed companies into insolvency: SBI MD

Finance

06 August

Not right to drag all distressed companies into insolvency: SBI MD

Indian banks and financial regulators should look for solutions outside the bankruptcy law to deal with stressed assets that will...

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How Nexus, Omidyar hit gold in quick exit from WhiteHat as Byju's inks $300-mn deal

TMT

06 August

How Nexus, Omidyar hit gold in quick exit from WhiteHat as Byju's inks $300-mn deal

In an interview VCCircle published in May, WhiteHat Jr founder and chief executive officer Karan Bajaj said the company was ......

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Fortis hires Apollo exec to lead diagnostics unit SRL

Healthcare

05 August

Fortis hires Apollo exec to lead diagnostics unit SRL

Hospital chain Fortis Healthcare Ltd has appointed a top executive from rival Apollo Group to lead its diagnostics unit SRL ......

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Unitus Ventures set to back education startup seeded by India Quotient

TMT

05 August

Unitus Ventures set to back education startup seeded by India Quotient

Early-stage impact investor Unitus Ventures is investing in an education startup that was seeded by venture capital firm India...

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CDC's direct investments in India triple even as LP commitments fall

Finance

05 August

CDC's direct investments in India triple even as LP commitments fall

UK-based development finance institution CDC Group Plc’s direct investment portfolio in India grew three times in 2019 as...

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Japan's Taikisha acquires Indian arm of Italian cleanroom panel maker

Manufacturing

05 August

Japan's Taikisha acquires Indian arm of Italian cleanroom panel maker

Taikisha Ltd, a Japan-based multinational that designs and installs large-scale heating, ventilation, and air conditioning, has...

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M&A Lab: Two years after AION-JSW takeover, is Monnet Ispat out of the furnace?

Manufacturing

05 August

M&A Lab: Two years after AION-JSW takeover, is Monnet Ispat out of the furnace?

In July 2018, when a consortium of stressed assets-focussed private equity firm AION Capital and JSW Steel Ltd won a ......

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Morgan Stanley's maiden India infrastructure fund hits final close

Finance

05 August

Morgan Stanley's maiden India infrastructure fund hits final close

An India-focused infrastructure investment fund managed by global financial services giant Morgan Stanley has marked its final...

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Inditrade bulks up financial products distribution with acquisition of VC investor arm

Finance

05 August

Inditrade bulks up financial products distribution with acquisition of VC investor arm

Brokerage firm Inditrade Capital Ltd has acquired a subsidiary of a Singapore-based venture capital fund to boost its third-party...

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Conglomerate, ARC, developer make shortlist for distressed realty firm HDIL

Conglomerate, ARC, developer make shortlist for distressed realty firm HDIL

A diversified conglomerate, an asset reconstruction company and a real estate developer have been shortlisted from six suitors...