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Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare

Finance

07 May

Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare

Coronavirus has set off a flurry of renegotiations for distressed assets falling under the Insolvency and Bankruptcy Code (IBC)...

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TMT

06 May

VC-backed shared cooking platform Kitchens@ secures venture debt

Loyal Hospitality Pvt. Ltd, which provides kitchens for restaurants, has raised its first round of venture debt capital just within...

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Finance

06 May

GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Singapore sovereign wealth fund GIC Pte. Ltd shuffled several of its investments in India’s listed banking, financial services...

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Finance

06 May

How banks' credit growth slumped across sectors in the wake of coronavirus

In the last week of April, one month into the national lockdown, commercial banks parked more than Rs 7 trillion ......

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Finance

06 May

Value Lens: Is the Axis Bank-Max Life Insurance deal deeply discounted?

Axis Bank’s deal to bump up its stake in Max Life Insurance Company Ltd has likely come cheap for India’s ......

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Finance

05 May

Suryoday Small Finance Bank raises fresh private equity funding

Mumbai-based Suryoday Small Finance Bank Ltd has raised fresh funding from a bunch of investors, as it looks to get ......

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Finance

05 May

Lockdown surprise: Early-stage deals soar but fewer mature startups get VC cheques

The number of Indian startups that received angel or seed-stage funding during the government-imposed lockdown to control the...

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Finance

05 May

ChrysCapital-backed Varthana raises debt funding from US development bank

The US International Development Finance Corporation (DFC) has disbursed a loan of $15 million (about Rs 113.25 crore) to Bengaluru-based...

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Why Cadila made an early exit from a rather promising bet on Windlas

Less than two years ago, Cadila Healthcare Ltd acquired a majority stake in a pharmaceutical company in a bid to ......

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People

04 May

Ex-Hero MotoCorp finance chief, others invest in supply chain finance platform

Sensing a need to help businesses to overcome the cash flow crisis in the pandemic, a supply chain finance startup ......