SBI

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Healthcare

23 August, 2024

Lighthouse Funds to reboard cap table of medtech firm after multi-bagger exit

Indian mid-market private equity firm Lighthouse Funds, which has backed names such as Fabindia, Duroflex, Wow! Momo and Tynor has made a strategic return to the ......

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General

19 January, 2024

Grapevine: Sony, Zee to hold board meet for India merger; Nobel Hygiene looking to sell stake

Sony Group is set to convene a board meeting on Friday to deliberate on the $10-billion merger of its India ......

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General

03 July, 2023

Grapevine: TVS shelves EV fundraising; SBI rejects NARCL offer for NPA portfolio

Two-wheeler maker TVS Motor Company Ltd has put its fundraising plans on the backburner, a media report said, citing multiple ......

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Markets

15 January, 2022

SBI MF to soon meet investment banks for IPO mandate

SBI Funds Management Ltd (SBI MF), the asset management joint venture between State Bank of India and France’s Amundi, will ......

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Finance

02 December, 2021

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 ......

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Finance

29 November, 2021

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 ......

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Manufacturing

27 August, 2021

Ares SSG arm, four other investors acquire 100% debt of Jayaswal Neco

More than two years after the initial agreement was signed, global asset managers Bank of America, Davidson Kempner Capital Management, ......

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Manufacturing

12 August, 2021

Omkara Assets Reconstruction's bid for Odisha steel maker gets greenlight

The bankruptcy tribunal has okayed Omkara Assets Reconstruction Pvt Ltd’s bid to acquire Jagannath Sponge Private Ltd in a deal ......

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Finance

09 August, 2021

UVARCL picks up 15% debt of engineering services firm from SBI

UV Asset Reconstruction Company Ltd (UVARCL) has bought about 15% debt of a stressed construction and engineering services firm, two ......

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Manufacturing

19 July, 2021

Nithia Capital, Prudent ARC, and 10 strategic players circle bankrupt steelmaker

Nithia Capital Resources Advisors LLP, Prudent ARC, Orissa Metaliks and other metal and steel firms are among 12 bidders for ......