Banking

Welspun One Logistics Parks Launches Second Fund Of Rs 2,000 Crore

Welspun One Logistics Parks, an integrated fund and development management platform focused on warehousing and industria... Read more

IBC Provisions Cannot Be Turned Into Debt Recovery Proceeding: NCLAT

The National Company Law Appellate Tribunal on Monday said the provisions of the Insolvency & Bankruptcy Code (IBC) ... Read more

RCap Insolvency: SC Agrees To Hear Torrent Plea Against NCLAT Order

Hearing on March 20; second round of auction of RCap auctions allowed by NCLAT stand deferred, say lawyers Read more

Pfizer To Acquire Seagen For $43 Bn To Deepen Reach Into Treating Cancer

Pfizer will spend USD 43 billion to buy Seagen and deepen its reach into treating cancer. The pharmaceutical giant said... Read more

Mahindra & Mahindra Sells Over 6% Stake In Mahindra CIE Automotive

Mahindra & Mahindra on Monday said it has sold over 6 per cent stake in Mahindra CIE Automotive. The company has so... Read more

LIC's Debt Exposure In Adani Group Companies Dips Marginally To Rs 6,183 Cr

LIC's debt exposure in Adani group companies fell marginally to Rs 6,183 crore as of March 5 from Rs 6,347 crore as of D... Read more

Hyundai Inks Pact To Acquire General Motors India's Talegaon Factory

Maharashtra facility can produce 1.3 million cars and 1.6 million engines annually Read more

Shriram Finance Aims To Raise $2.44 Bn In FY24 To Fund Growth: Official

The retail non-banking finance company (NBFC) aims to grow its assets under management (AUM) by 15% in fiscal 2024 to ar... Read more

Warehousing Developer Pragati Group Raises $200mn From Singapore Based Fund

/ -- NCR-based Industrial and Logistics real estate developer Pragati Group, has raised $200 Million of equity capital f... Read more

SC To Hear Torrent Plea Against NCLAT Allowing 2nd RCap Auction On March 20

The second-round auction, scheduled for March 20, will not take place now, further delaying the resolution process of RC... Read more

BrightNight, ACEN Ink $250 Mn Pact For India Renewables Buildout

Renewable power producer BrightNight on Monday announced its partnership with ACEN Corporation and plan to deploy USD 25... Read more

SVB Collapse Brings Softbank's Startup Financing Under Investors' Lens

Now investors are cautiously pulling back despite the overnight pledge from US authorities to rescue the US lender that ... Read more

Fitch Affirms 'BBB-' Ratings For Adani Electricity Mumbai's Dollar Bond

Hindenburg report has limited near-term impact on cost of funding Read more

Nokia Join Hands With Netplus To Deliver Broadband Services In India

Nokia on Monday announced that it has entered into a partnership with Netplus Broadband, an Internet Service Provider (I... Read more

Hyundai Motor Considers Buying General Motors India's Talegaon Plant Assets

A Term Sheet has been signed for the potential acquisition of identified assets of the plant like land and building, cer... Read more