debt
Finance
NCLT says Sterling Biotech withdrawal a case for re-entry of defaulting promoters
Hearing the Sterling Biotech case, the National Company Law Tribunal (NCLT) said that withdrawal from proceedings can violate...
Infrastructure
The next chapter of residential real estate's tale of woe
India’s residential real estate market can’t seem to catch a break. From a sluggish sales environment to demonetisation,...
Finance
Retired SC judge should monitor all IL&FS asset sale proceedings: NCLAT
The National Company Law Appellate Tribunal (NCLAT) on Friday recommended that all future proceedings pertaining to the transfer...
Finance
IL&FS puts six properties on the block in bid to pare debt
Infrastructure Leasing and Financial Services (IL&FS) has invited bids for six of the group's properties amid continuing...
Finance
UTI Capital strikes back-to-back deals from maiden private debt fund
The alternative investment arm of UTI Asset Management Company Ltd has inked the fourth deal from its maiden debt fund ......
Finance
Altico Capital backs Century Group's affordable housing project
Non-banking financial company Altico Capital said on Monday that it has invested Rs 120 crore (around $17 million at current ......
Finance
BlackSoil Capital raises $17 mn in Series C round
Mumbai-based BlackSoil Capital Pvt. Ltd has raised $17 million (Rs 117 crore) from existing investors in a Series C round, ......
Manufacturing
IFC to invest $30 mn in Camlin Fine Sciences
International Finance Corporation (IFC) plans to invest up to $30 million (Rs 205 crore) in chemicals firm Camlin Fine Sciences ......
Finance
Fairfax India raises $550 mn in debt
Canadian billionaire Prem Watsa’s Fairfax India Holdings Corporation announced on Friday that it had raised $550 million (around Rs 3,700 ......
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 National Company Law ......