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UTI Capital strikes back-to-back deals from maiden private debt fund

Finance

21 December, 2018

UTI Capital strikes back-to-back deals from maiden private debt fund

The alternative investment arm of UTI Asset Management Company Ltd has inked the fourth deal from its maiden debt fund ......

Altico Capital backs Century Group's affordable housing project

Finance

19 November, 2018

Altico Capital backs Century Group's affordable housing project

Non-banking financial company Altico Capital said on Monday that it has invested Rs 120 crore (around $17 million at current ......

BlackSoil Capital raises $17 mn in Series C round

Finance

26 July, 2018

BlackSoil Capital raises $17 mn in Series C round

Mumbai-based BlackSoil Capital Pvt. Ltd has raised $17 million (Rs 117 crore) from existing investors in a Series C round, ......

IFC to invest $30 mn in Camlin Fine Sciences

Manufacturing

02 July, 2018

IFC to invest $30 mn in Camlin Fine Sciences

International Finance Corporation (IFC) plans to invest up to $30 million (Rs 205 crore) in chemicals firm Camlin Fine Sciences ......

Fairfax India raises $550 mn in debt

Finance

29 June, 2018

Fairfax India raises $550 mn in debt

Canadian billionaire Prem Watsa’s Fairfax India Holdings Corporation announced on Friday that it had raised $550 million (around Rs 3,700 ......

Stressed assets: Punj Lloyd case begins; NCLT says review bid for Alok Industries

General

15 June, 2018

Stressed assets: Punj Lloyd case begins; NCLT says review bid for Alok Industries

Indian banks are grappling with nearly $150 billion in bad loans and the various branches of the National Company Law ......

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) ......