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Realty firm Nirmal Lifestyle enters bankruptcy for default on Altico Capital's loans

Infrastructure

12 August, 2021

Realty firm Nirmal Lifestyle enters bankruptcy for default on Altico Capital's loans

Mumbai-based real estate development firm Nirmal Lifestyle Ltd has been admitted for bankruptcy on a plea filed by IDBI Trusteeship ......

Why bankers want more clarity on the government's proposed DFI

Finance

02 February, 2021

Why bankers want more clarity on the government's proposed DFI

The new development financial institution (DFI) mooted in Budget 2021 will require substantial upfront investment by the government in order ......

New Android malware targets apps of Indian banks: Quick Heal

TMT

05 January, 2018

New Android malware targets apps of Indian banks: Quick Heal

Internet security firm Quick Heal Security Labs says it has identified a new Android malware that can masquerade as more ......

Alibaba's Jack Ma, Joseph Tsai eye deals in India; IFC leads race to buy stake in IDBI Bank

General

13 June, 2016

Alibaba's Jack Ma, Joseph Tsai eye deals in India; IFC leads race to buy stake in IDBI Bank

The family offices of Alibaba Group chairman Jack Ma and and executive vice president Joseph Tsai are exploring investment opportunities ......

IDBI-led consortium in talks to sell over 38% in rating agency CARE for more than $140M

General

13 February, 2014

IDBI-led consortium in talks to sell over 38% in rating agency CARE for more than $140M

A consortium of five shareholders of domestic ratings agency Credit Analysis and Research Ltd (CARE), including the single largest stakeholder ......