By Swati Bhat
PE firms are now swooping in to buy assets at attractive valuations, as regulatory changes and a more dovish monetary policy outlook bode well for the sector.
The higher borrowing limit helps Paytm secure capital for everyday operations amid tight liquidity conditions in the market.
The airline’s board approved a rescue deal by the lenders, led by State Bank of India, which includes an equity infusion, debt restructuring and the sale or sale and lease back of aircraft.
KSH Infra, which operates two warehousing and industrial logistics parks, had been looking to raise funds to expand its warehousing business.
Shiksha provides student loans to parents of school-going children, and school loans to educational institutions.
Shunwei Capital, the venture capital firm founded by Xiaomi founder Lei Jun and Tuck Lye Koh, has also shown interest in backing NestAway’s latest funding round.
L&T Infotech said it is buying German IT consulting and software services company Nielsen+Partner for $31.5 million.
If the talks go through, 7-Eleven could be competing with home-grown convenience store chains such as Twenty Four Seven, and In & Out.
The trustees also named Noel Tata, chairman of Trent Ltd, and Jehangir H.C. Jehangir, as trustees of Sir Ratan Tata Trust.
JSW Steel will now pay $6.28 billion in upfront cash to Bhushan Power and Steel’s lenders and infuse ₹350 crore in the steelmaker to revive it.