SBI
Finance
Distressed steel investor Nithia Capital set to buy North-based steel firm for Rs 316 cr
A UK-based distressed steel investor consortium, led by Nithia Capital Resources LLP (Nithia), has received approval from an insolvency tribunal ......
Manufacturing
Ares SSG arm, four other investors acquire 100% debt of Jayaswal Neco
More than two years after the initial agreement was signed, global asset managers Bank of America, Davidson Kempner Capital Management, ......
Manufacturing
Omkara Assets Reconstruction's bid for Odisha steel maker gets greenlight
The bankruptcy tribunal has okayed Omkara Assets Reconstruction Pvt Ltd’s bid to acquire Jagannath Sponge Private Ltd in a deal ......
Finance
UVARCL picks up 15% debt of engineering services firm from SBI
UV Asset Reconstruction Company Ltd (UVARCL) has bought about 15% debt of a stressed construction and engineering services firm, two ......
Manufacturing
Nithia Capital, Prudent ARC, and 10 strategic players circle bankrupt steelmaker
Nithia Capital Resources Advisors LLP, Prudent ARC, Orissa Metaliks and other metal and steel firms are among 12 bidders for ......
Infrastructure
Jet Airways lenders to take 9.5% stake, massive haircut
The final winning bidder consortium of Dubai-based businessman Murari Lal Jalan and German investor Florian Fritsch will acquire embattled Jet ......
Finance
Weekly Deals Wrap: Tata Digital in twin deals, Apax Partners strikes again in IT services
Investors continued their relentless focus on technology companies through the week with a focus on Software as a Service (SaaS) ......
Finance
SBI union, others urge Indian cbank to scrap digital payments plan
A union representing India's largest state-run bank and a global alliance have asked the central bank to bar large companies ......
Finance
Punjab National Bank to buy stake in bad bank
Government-owned Punjab National Bank (PNB) on Saturday said it will acquire a stake in the soon-to-be-set-up National Asset Reconstruction Company ......
TMT
State Bank of India invests in digital payment firm Cashfree
Financial-technology firm Cashfree, which focusses on online payments by Indian businesses, said State Bank of India (SBI) has invested an ......
