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Byju's, lenders defer court battle to seek out-of-court agreement

TMT

01 September, 2023

Byju's, lenders defer court battle to seek out-of-court agreement

Edtech company Byju’s and its term loan B lenders have decided to postpone an ongoing disagreement in the US courts ......

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Grapevine: Blackstone eyes mega pharma bet; US hedge fund starts reconstituting Aakash board

General

04 August, 2023

Grapevine: Blackstone eyes mega pharma bet; US hedge fund starts reconstituting Aakash board

Global private equity major Blackstone is eyeing a pharma deal in the country and is likely to submit a non-binding ......

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Byju's test prep unit Aakash loses two more board members

People

10 July, 2023

Byju's test prep unit Aakash loses two more board members

Two independent directors of Byju’s subsidiary Aakash Educational Services Ltd have resigned from the test prep firm's board, two people ......

Ares, Varde Partners, Cerberus lap up Shapoorji Pallonji entity's debt

Finance

27 June, 2023

Ares, Varde Partners, Cerberus lap up Shapoorji Pallonji entity's debt

Goswami Infratech, a Shapoorji Pallonji group entity, closed India's largest debt issue from a low-rated company on Tuesday, signalling growing ......

Grapevine: Ares SSG, Edelweiss infra fund, ICICI Venture portfolio company in news

General

16 March, 2023

Grapevine: Ares SSG, Edelweiss infra fund, ICICI Venture portfolio company in news

Billionaire Anil Agarwal-led Vedanta group has widened its net to borrow from credit funds such as Farallon Capital, Davidson Kempner ......

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Davidson Kempner expands India operations

Finance

25 October, 2022

Davidson Kempner expands India operations

American alternative investment firm Davidson Kempner Capital Management LP has roped in Ambrish Singh , former Nomura investment head, as ......