Power Finance Corporation
General
Grapevine: Shapoorji Pallonji Group to refinance debt; OrbiMed bets on LifeWell
Shapoorji Pallonji Group has initiated discussions with Power Finance Corporation to secure up to $1.2 billion (Rs 10,017 crore) to refinance a portion ......
TMT
BP Ventures-backed BluSmart mops up fresh funding
Homegrown electric vehicle (EV) ride-hailing company BluSmart Mobility has raised $42 million (around Rs 342 crore) in a bridge funding ......
Finance
Aditya Birla ARC buys distressed debt of a coal-fired power plant in Chhattisgarh
Aditya Birla Asset Reconstruction Company (ARC) has snapped up debt worth Rs 2,500 crore (about $344 million) of a firm ......
Infrastructure
Why the $12-bn bailout for electricity distribution firms won't light up the power sector
Earlier this month, the Narendra Modi government decided to provide a credit line of Rs 90,000 crore (almost $12 billion) ......
Finance
In numbers: Which NBFCs have the biggest bad-loan problem?
The recent downfall of Infrastructure Leasing and Financial Services Ltd (IL&FS), one of India’s largest non-banking financial companies (NBFCs) which ......
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