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Bank of Baroda

Go First lenders approve $55 mn fund infusion to revive bankrupt airline

Go First lenders approve $55 mn fund infusion to revive bankrupt airline

Lenders to India's Go First, which is under bankruptcy protection, have approved interim funding of 4.50 billion rupees ($54.9 million) ......

Grapevine: Carlyle mulls stake in BoB arm; TVS ILP likely to raise funds

General

25 April

Grapevine: Carlyle mulls stake in BoB arm; TVS ILP likely to raise funds

Global private equity firm Carlyle Group is among others in the race to pick up a 49% stake in Bank ......

Recruitment firm GetWork racks up fresh funding

TMT

20 February

Recruitment firm GetWork racks up fresh funding

Veerwal GetWork Services Pvt Ltd, which operates recruitment platform GetWork, on Monday said it has raised pre-Series A funding of ......

Mumbai NBFC Authum gets lenders nod to buy Reliance Commercial Finance

Finance

15 July

Mumbai NBFC Authum gets lenders nod to buy Reliance Commercial Finance

Authum Investment and Infrastructure Ltd will acquire second Anil Ambani group firm Reliance Commercial Finance after lenders approved its resolution ......

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Aditya Birla ARC buys distressed debt of a coal-fired power plant in Chhattisgarh

Finance

27 May

Aditya Birla ARC buys distressed debt of a coal-fired power plant in Chhattisgarh

Aditya Birla Asset Reconstruction Company (ARC) has snapped up debt worth Rs 2,500 crore (about $344 million) of a firm ......

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Infra solutions provider, once backed by Sequoia, ordered for liquidation

Infra solutions provider, once backed by Sequoia, ordered for liquidation

An infrastructure solutions provider, once funded by Sequoia and ChrysCapital, has been ordered for liquidation by the bankruptcy tribunal. “Considering the ......

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Dark clouds hanging over India Inc start to drift away, finally

Finance

05 November

Dark clouds hanging over India Inc start to drift away, finally

First, the sliding economy clobbered India Inc, and then the pandemic that took off in April-June made things worse.  But the ......

Businessman BR Shetty seeks CBI, ED probe of NMC, Finablr ex-CEOs over $6 bn scandal

Healthcare

12 October

Businessman BR Shetty seeks CBI, ED probe of NMC, Finablr ex-CEOs over $6 bn scandal

Indian entrepreneur BR Shetty has filed a complaint with federal investigative agencies in India seeking a probe into two former ......

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NSE valuation hits new milepost as HNIs lap up shares from institutional backers

Finance

11 September

NSE valuation hits new milepost as HNIs lap up shares from institutional backers

The National Stock Exchange’s (NSE) valuation has climbed past a new milestone as a number of wealthy individuals have bought ......

Grapevine: Times Group to sell minority stake in web arm; T Rowe to up UTI Trustee holding

General

19 August

Grapevine: Times Group to sell minority stake in web arm; T Rowe to up UTI Trustee holding

Bennett Coleman & Co. Ltd (BCCL), also known as Times Group, is looking to sell around 10% stake in its ......