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Why the $12-bn bailout for electricity distribution firms won't light up the power sector

Why the $12-bn bailout for electricity distribution firms won't light up the power sector

Earlier this month, the Narendra Modi government decided to provide a credit line of Rs 90,000 crore (almost $12 billion) ......

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People

26 May

Meet the insurance veteran who is stepping up to helm one of India's oldest PE firms

ICICI Venture is set to see a change of top leadership with Prashant Purker hanging up his boots after leading ......

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Finance

26 May

Fino Payments Bank CEO on why the sector is seen as crisis-proof in the pandemic

Fino Payments Bank Ltd has turned profitable at the operating level for 2019-20, within three years of starting operations.  Its growth ......

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BlackRock makes debt investment in Pune fertiliser maker

BlackRock, Inc., the world's biggest asset manager, has sealed a debt investment deal in a Pune-based maker of chemicals and...

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Finance

22 May

Recovery under bankruptcy law shows big jump but Jaypee Infratech skews the picture

The amount recovered under the Insolvency and Bankruptcy Code (IBC) jumped 13 times sequentially in the January-March quarter...

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Finance

22 May

Somerset's Ramesh Kannan on exit plans and pandemic's impact on portfolio firms

Healthcare-focused private equity firm Somerset Indus Capital Partners is concentrating on exiting its debut fund’s portfolio companies and striking new ......

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Consumer

22 May

How was PE firm Rabo Equity's first full exit in nearly five years?

Food- and agriculture-focused private equity firm Rabo Equity Advisors has divested its entire shareholding in one of its earliest...

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BanyanTree ends 18-month deal drought with bet on equipment maker

Mid-market private equity firm BanyanTree Capital has bought a stake in an industrial machinery equipment maker, marking its first...

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Persistent Systems founder backs medical device startup Sushrut

Medical devices startup Sushrut Designs Pvt. Ltd has raised capital in its first external funding round from a clutch of ......

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Finance

21 May

How micro VC firm Samyakth is navigating hybrid deals and coronavirus challenges

Samyakth Capital, a micro VC hybrid firm which does equity as well as debt deals, was one of the first ......