Covid-19
TMT
IT firms gross over $25 bn in 2021; SaaS firms raise $2.75 bn in top 20 deals
The information technology (IT) sector has attracted over $25 billion in fundraising till date this calendar year, 25 percent higher ......
TMT
How Covid-19 accelerated DST Global-backed Cars24's business
Cars24 Services Pvt. Ltd, which drove into the unicorn club of startups last year with a big funding round led ......
TMT
ChrysCap's Shroff on how the firm's strategy has evolved since pandemic first broke out
Homegrown private equity (PE) firm ChrysCapital, operating in India for over 20 years, is currently investing out of its eighth ......
Finance
Weekly Deals Wrap: Tech deals dominate volumes again as Razorpay tops chart
After intense dealmaking of over $3 billion in the first week of the new financial year, the next week saw ......
Infrastructure
Pandemic wrecks Sajjan Jindal-led JSW Group's big power plans
In a second blow to billionaire Sajjan Jindal’s buyout plans in the power sector, JSW Energy Ltd has pulled out ......
Infrastructure
Covid has sped up consolidation in real estate: Puravankara's Abhishek Kapoor
Bengaluru-based Puravankara Ltd, which develops premium and affordable homes, has launched four projects in the last six months and planned ......
People
Phoenix ARC expects activity to pick up in Jan-March: Chief exec
Phoenix ARC Private Limited, sponsored by Kotak Mahindra Group, witnessed a spike in profit for April-September on a year-on-year basis. The ......
Infrastructure
Coronavirus kills JSW's big-ticket deal in power sector
Coronavirus has dealt a fatal blow to JSW Energy’s acquisition plan for a power project. The Sajjan Jindal-led firm had said ......
Finance
Banks scramble to beef up defences as coronavirus threatens to sour loan books
Banks across the nation are raising or proposing to raise at least Rs 1.4 trillion ($19 billion) as the industry ......
Finance
As companies hit the rocks and sink, lenders scour the wreck and get zilch
The liquidation process under the bankruptcy law has eroded almost 99% of the value of claims made for the 69 ......