debt
Manufacturing
Kolkata-based Usha Martin explores sale of steel division
Kolkata-based steel maker Usha Martin Ltd on Tuesday said its board has okayed the sale of its steel division in ......
Manufacturing
Reliance Naval and Engineering looks to offer one-time settlement to lenders
Reliance Naval and Engineering Ltd, the defence business of Anil Ambani-led Reliance Group engaged in shipbuilding, is in talks to ......
Finance
Indian bond yields fall after RBI cancels open market sale of debt
Indian bond yields fell for the second straight day on Monday as traders took comfort from the central bank’s unexpected ......
TMT
Bharti Airtel sells $508 mn stake in tower arm to pare debt
Bharti Airtel Ltd has sold a 4.49% stake in its telecom tower infrastructure arm for Rs 3,325 crore ($510 million) ......
Consumer
Anicut Capital backs Bhopal-based retail chain
Chennai-based asset management company Anicut Capital LLP, which provides debt capital to small and medium enterprises, has backed a Bhopal-based ......
Infrastructure
Real estate developer Vipul raises $23 mn from Edelweiss Group
Gurgaon-based listed real estate developer Vipul Ltd has raised Rs 150 crore ($23 million) from financial services conglomerate Edelweiss Group, ......
Infrastructure
Piramal Finance invests $156 mn across Rustomjee's projects
Piramal Finance Ltd (PFL), a subsidiary of Piramal Enterprises Ltd, has invested Rs 1,000 crore ($156 million) in a bunch ......
Infrastructure
Brookfield to invest $125 mn in Total Environment's projects
Canadian asset management company Brookfield is in advanced stages of talks to invest Rs 800 crore ($125 million) in a ......
Finance
Why vendors lack credible standing in M&A and bankruptcy situations
In recent months, a few incidents have come to light where vendors or trade creditors to a company sought criminal ......
Infrastructure
L&T Finance backs Pune developer's project
L&T Finance Ltd, the non-banking financial arm of engineering giant Larsen & Toubro Ltd, has backed a residential ......