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Policy Tracker: UDAN struggling to take off, but Adani is lighting up the runway

Policy Tracker: UDAN struggling to take off, but Adani is lighting up the runway

Strange, yet interesting. That pretty much sums up India’s aviation sector at the moment. Even as dozens of new airports...

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Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta

Finance

04 March

Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta

It has been a year since Punjab National Bank (PNB) revealed that two jewellery groups had swindled the state-run lender ......

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 VC-backed QSR chain Kaati Zone set to change hands

Consumer

01 March

VC-backed QSR chain Kaati Zone set to change hands

Bengaluru-based quick-service restaurant chain Kaati Zone is set to get a new owner in a development that will help it ......

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Exclusive: VC-backed e-commerce enabler Ace Turtle set to raise bridge round

TMT

01 March

Exclusive: VC-backed e-commerce enabler Ace Turtle set to raise bridge round

E-commerce solutions provider Ace Turtle Services Pvt. Ltd is in the final stages of closing a bridge round ahead of ......

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SIDBI sells entire stake in Chennai consulting firm

SIDBI sells entire stake in Chennai consulting firm

State-run Small Industries Development Bank of India (SIDBI) has fully exited its investment in a Chennai-based consultancy, a...

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Exclusive: ARC emerges as front runner to take over debt-ridden Aircel

TMT

01 March

Exclusive: ARC emerges as front runner to take over debt-ridden Aircel

An asset reconstruction company is on track to take over debt-laden telecom firm Aircel, a person familiar with the development...

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Bullish on residential realty, acquired stressed projects: Shriram Properties MD

Bullish on residential realty, acquired stressed projects: Shriram Properties MD

Bengaluru-based Shriram Properties Ltd, which counts TPG among its private equity backers, filed papers in December for an initial public ......

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Portfolio management firm Aequitas set to launch Category-III AIF

Finance

28 February

Portfolio management firm Aequitas set to launch Category-III AIF

Mumbai-based portfolio advisory and management services (PMS) firm Aequitas Investment Consultancy Pvt. Ltd is planning to float...

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Spark Capital tweaks AIF strategy, rolls out second fund

Finance

28 February

Spark Capital tweaks AIF strategy, rolls out second fund

Spark Capital Advisors (India) Pvt. Ltd has tweaked its strategy for investing in alternative assets, as the mid-market investment...

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Piramal Capital commits debt funding to North India developer

Infrastructure

28 February

Piramal Capital commits debt funding to North India developer

Piramal Capital & Housing Finance Ltd, the retail and wholesale lending arm of Piramal Group, has offered debt capital to...