Page 42 - Dev Chatterjee

CFM ARC sells JBF Industries assets to Reliance Industries entity

RIL was the lone bidder for the company with a Rs 825-crore offer as against the dues of Rs 2,100 crore of banks

Adani Group to invest $70 bn in green energy, infra: Gautam Adani

Group leads the race to make India a net exporter of clean energy, says billionaire in speech to shareholders

Kesoram Industries to raise high-cost funds via FDs; to offer 12.25% rate

To offer 12.25% rate; plans to use proceeds for working capital, pare debt

Next British PM to decide fate of Tata Steel UK's demand for subsidy

Tata Steel seeks 1.5 bn pounds subsidy to keep operations afloat

Tata group firms in talks with banks to raise funds for Rs 60K capex plan

Focus is on EVs, renewable energy for new investments

Gautam Adani overtakes Bill Gates to become the fourth-richest person

In June, the Adani family committed a donation of Rs 60,000 crore towards charity initiatives in health care, education, and skill development

Blackrock, Mubadala to invest in Tata's renewable arm via rights issue

Unlisted firm Tata Power Renewables Energy plans to raise Rs 6,000 cr; Both Blackrock and Mubadala had invested $525 million this April for 10.5% stake

Rupee at 80: How top Indian companies hedged themselves for dollar

Reliance Industries, the Tata group, Bharti Airtel, Aditya Birla among conglomerates that took forward positions

Grasim enters B2B e-commerce in building materials, to invest Rs 2,000 cr

Investment adds new high-growth engine within Grasim's standalone businesses and of its associate cos; firm is spending Rs 10,000 cr in new paints business, will launch products by early 2024

Lenders in talks with ARCs to sell Reliance Naval & Engineering loans

Lenders worried over their Rs 14,000-cr exposure in shipyard

RCap lenders hive off home finance, NBFC into separate trust for resolution

The proceeds of the sale of these two companies in future will flow directly to the lenders of the Reliance Capital which is currently undergoing a bankruptcy process

Temasek bullish on Indian start-ups, renew energy despite slowdown overseas

Top executives of Temasek, which has doubled its India portfolio in the past five years to $16 billion, said the fund made several successful exits from India in FY 22

OneCard is India's 104th unicorn, raises $100 mn in Series D led by Temasek

The latest round by OneCard, owned by Pune-based FPL Technologies, also saw investment from existing investors such as QED, Sequoia Capital, and Hummigbird Ventures

Not so sweet for UP sugar industry as giant Bajaj Hindusthan gets NPA tag

Bajaj Hindusthan badly needs money to shore up its operations but its NPA tag to make raising funds difficult

Bonanza for Indian euro loan borrowers as currency slides against dollar

Companies will have to buy fewer dollars to repay euro debt

CoC members, bidders must be barred from buying RCap bonds held by LIC: NGO

They are "insiders" and have access to crucial information, says Infrastructure Watchdog; meanwhile, last date if bond sale to be extended to July 22 as LIC finds no takers

Airports, roads, ports and now 5G: Adani group's expansion rolls on

The Adani group's foray into the 5G space comes on the back of a massive expansion spree

LIC finds no takers among ARCs for Rs 3,400-crore Reliance Capital bonds

Multiple sources said ARCs did not find the option to buy bonds of the bankrupt firm attractive and decided to give it a miss

JSW in talks with PEs, foreign banks for Mytrah Energy acquisition

JSW group's JSW Energy has targeted to add 15GW renewables to its portfolio with an investment of $10 billion by 2030

Tata Tech plans IPO by fiscal-end, the first by Tata group in 18 years

The company is in talks with several banks, including Citibank, to manage the share sale; The last share sale by a Tata firm was in 2004, when TCS floated an IPO