Beena Parmar
Infrastructure
KKR-backed Virescent acquires solar assets of Focal Energy
Global private equity major KKR-backed Virescent Infrastructure has acquired 55 MWp (Megawatt peak) of solar assets from Focal Energy, which ......
Finance
Probus Insurance raises $6.7 mn from Switzerland-based BlueOrchard Investment Managers
Probus Insurance, owned by Probus Insurance Broker Private Limited, has raised $6.7 million in a funding round led by BlueOrchard ......
Finance
Florintree Advisors to invest Rs 100 cr in Satin Creditcare
Florintree Advisors, led by former Blackstone India Head Mathew Cyriac, will be investing Rs 100 crore in microfinance firm Satin Creditcare ......
Finance
Anil Ambani's Reliance Capital becomes fourth NBFC to enter for insolvency
A Mumbai bench of the insolvency court on Monday admitted a plea to initiate a resolution process against Reliance Capital ......
Finance
SBI puts Rs 4,000 cr loan exposure in KSK Mahanadi up for sale
State Bank of India, the country’s largest public sector lender, has put loans worth Rs 4101.87 crore ($547 million) in ......
Consumer
ICICI Venture makes 5x returns on Go Colours IPO part exit
ICICI Venture, the alternative asset arm of ICICI Bank, has registered an internal rate of return (IRR) of 51% and ......
Finance
RBI takes control of Anil Ambani-owned Reliance Capital, to push for insolvency
The Reserve Bank of India (RBI) has superseded the Board of businessman Anil Ambani-owned Reliance Capital Ltd, and will soon ......
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 ......
Finance
Vasan Healthcare's bidders get extension to complete insolvency process
A higher appellate - The National Company Law Appellate Tribunal (NCLAT) – has granted debt-ridden Vasan Healthcare Pvt. Ltd more ......
Infrastructure
CDC expands strategy; appoints first female chairperson
UK’s development finance institution (DFI), CDC Group, which will rename itself as British International Investment beginning April 2022, has added ......