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Kolkata-based Usha Martin explores sale of steel division

Manufacturing

12 June, 2018

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 ......

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Reliance Naval and Engineering looks to offer one-time settlement to lenders

Manufacturing

27 April, 2018

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 ......

Indian bond yields fall after RBI cancels open market sale of debt

Finance

20 November, 2017

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 ......

Bharti Airtel sells $508 mn stake in tower arm to pare debt

TMT

14 November, 2017

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) ......

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Anicut Capital backs Bhopal-based retail chain

Consumer

04 October, 2017

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 ......

Real estate developer Vipul raises $23 mn from Edelweiss Group

Infrastructure

24 August, 2017

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, ......

Piramal Finance invests $156 mn across Rustomjee's projects

Infrastructure

21 August, 2017

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 ......

Brookfield to invest $125 mn in Total Environment's projects

Infrastructure

10 August, 2017

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 ......

Why vendors lack credible standing in M&A and bankruptcy situations

Finance

01 June, 2017

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 ......

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L&T Finance backs Pune developer's project

Infrastructure

10 May, 2017

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 ......

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