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Khaitan's whirring blades to go quiet as fan maker handed over to liquidator

Manufacturing

27 August, 2019

Khaitan's whirring blades to go quiet as fan maker handed over to liquidator

The bankruptcy tribunal has ordered the liquidation of Khaitan Electricals Ltd, a household name for fans, air coolers and other ......

Grapevine: Sequoia may top up sixth India fund; Ebix eyes PE-backed Trimax

General

31 July, 2019

Grapevine: Sequoia may top up sixth India fund; Ebix eyes PE-backed Trimax

Sequoia Capital India, one of the most active venture capital firms in India, is raising $200 million (about Rs 1,377 ......

Stressed assets this week: Tatas win race for Bhushan Energy; Jaypee Infra in focus

General

31 May, 2019

Stressed assets this week: Tatas win race for Bhushan Energy; Jaypee Infra in focus

The total number of cases that have ended with the order of liquidation stand at 378 as on 31 March, ......

HDFC puts Jet Airways' Mumbai property up for sale

Finance

08 May, 2019

HDFC puts Jet Airways' Mumbai property up for sale

HDFC Ltd has decided to put a Mumbai-based prime office property of Jet Airways on sale after the beleaguered airline ......

Etihad agrees to hike stake in Jet; Sachin Bansal may invest in microfinance firm

General

12 April, 2019

Etihad agrees to hike stake in Jet; Sachin Bansal may invest in microfinance firm

Abu Dhabi-based Etihad Airways submitted an expression of interest to increase its stake in beleaguered airline Jet Airways, three people ......

SBI extends deadline for Jet bids, tweaks stake-sale proposal

Infrastructure

10 April, 2019

SBI extends deadline for Jet bids, tweaks stake-sale proposal

The State Bank of India (SBI) has extended by two more days the bidding process for the stake sale in ......

Crisis-hit Jet Airways' lenders may finalise resolution plan next week

Finance

15 March, 2019

Crisis-hit Jet Airways' lenders may finalise resolution plan next week

A resolution plan for crisis-hit carrier Jet Airways may be finalised in a week’s time, a senior State Bank of ......

Carlyle-GIC consortium eyes stake in SBI Life Insurance

Finance

27 December, 2018

Carlyle-GIC consortium eyes stake in SBI Life Insurance

US-based private equity giant The Carlyle Group will team up with Singapore’s sovereign wealth fund GIC to pick up a ......

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State Bank of India gears up for IPO of PE-backed general insurance unit

Finance

13 November, 2018

State Bank of India gears up for IPO of PE-backed general insurance unit

State Bank of India (SBI) is preparing to list its general insurance arm on stock exchanges next fiscal year and ......

ChrysCapital appoints former SBI chief Arundhati Bhattacharya as adviser

People

10 October, 2018

ChrysCapital appoints former SBI chief Arundhati Bhattacharya as adviser

Arundhati Bhattacharya, the former chairperson of public sector lender State Bank of India, has joined homegrown private equity firm ChrysCapital ......