facebook-page-view
Advertisement

Andhra Bank

Premium
Gujarat pharma firm to hit the rocks three years after bankruptcy

Healthcare

Gujarat pharma firm to hit the rocks three years after bankruptcy

A Vadodara-based pharmaceuticals company, which entered insolvency three years ago, will collapse ...

Grapevine: Microsoft may invest in Paytm; Union Bank may pare stake in insurance JV

General

Grapevine: Microsoft may invest in Paytm; Union Bank may pare stake in insurance JV

Digital payments firm Paytm is in talks with US technology giant Microsoft to raise $100 million (...

Grapevine: Lee Fixel, Kae Capital plan new funds; Warburg, Goldman may make PE bets

General

Grapevine: Lee Fixel, Kae Capital plan new funds; Warburg, Goldman may make PE bets

Former Tiger Global Management executive Lee Fixel is looking to invest around $1 billion (Rs 7,149 ...

Govt unveils big-bang plan to merge state-run banks

Finance

Govt unveils big-bang plan to merge state-run banks

The government will merge 10 state-run banks into four as part of a big consolidation drive to clean...

PNB may take control of two-three smaller state-run banks

Finance

PNB may take control of two-three smaller state-run banks

Punjab National Bank could take control of two-to-three small state-run banks, which could include ...

Premium
Sterling Biotech faces liquidation; lenders, promoters may challenge NCLT ruling

Finance

Sterling Biotech faces liquidation; lenders, promoters may challenge NCLT ruling

In a setback for the lenders of Sterling Biotech, the Mumbai bench of the National Company Law ...

Tribunal questions lenders' acceptance of settlement offer for Sterling Biotech

Finance

Tribunal questions lenders' acceptance of settlement offer for Sterling Biotech

The National Company Law Tribunal has raised suspicion on the lenders’ acceptance of a one-time ...

ArcelorMittal eyes Essar port, plant; GIC, Mitsubishi vie for GMR Airports stake

General

ArcelorMittal eyes Essar port, plant; GIC, Mitsubishi vie for GMR Airports stake

Essar Group held talks with ArcelorMittal over the sale of its port and power plant at Hazira in ...

Transit Capital to raise debut fund; Andhra Bank board okays stake sale in JVs

General

Transit Capital to raise debut fund; Andhra Bank board okays stake sale in JVs

Venture firm Transit Capital is in talks to raise up to $60 million (Rs 438 crore) for its debut ...

Stressed assets: Punj Lloyd case begins; NCLT says review bid for Alok Industries

General

Stressed assets: Punj Lloyd case begins; NCLT says review bid for Alok Industries

Indian banks are grappling with nearly $150 billion in bad loans and the various branches of the ...