Debt Financing
The National Company Law Appellate Tribunal (NCLAT) has set aside NCLT's direction to liquidate Three C Homes and ordered that other options be considered for resolution of the debt-ridden realty firm. The appellate…
Debt Financing
Several banks, including SBI and Bank of Baroda, are moving to invoke the personal guarantees given by promoters of 17 defaulting companies including Punj Lloyd, Amtek Auto, ABG Shipyard, Videocon, Varun Shipping, and…
Debt Financing
Smoor, a Bangalore-based luxury chocolate brand, has raised growth financing from Revenue Based Financing platform, Klub. The funds will be used to sustain Smoor's growth momentum as it gears up for geographical and…
Debt Financing
The Export Import (Exim) Bank of India has extended a USD 35.26 million loan for a power transmission project being executed by Kalpataru Power Transmission in Senegal. The buyer's credit facility was extended under…
Debt Financing
Ola Electric and Bank of Baroda have signed a pact for a 10-year debt of USD 100 million towards the funding and financial closure of the Phase 1 of the Ola Futurefactory, Ola's global manufacturing hub for its…
Debt Financing
State-owned REC Ltd has raised USD 400 million (around INR 2,986 crore) by issuing bonds to finance the power sector. The bonds have been issued under the company's USD 7 billion Global Medium Term Note Programme. The…
Debt Financing
Godawari Power and Ispat (GPIL) has become debt-free by repaying all its long-term loans. It has repaid the outstanding debt of INR 457 crore. The loan was repaid out of the cash flow of the solar project. Godawari…
Debt Financing
The National Company Law Appellate Tribunal (NCLAT) has issued notices to DHFL's lenders and its winning bidder Piramal Capital over a petition filed by 63 Moons Technologies challenging the resolution process of the…
Debt Financing
A Jindal family faction has saved their power company from going into bankruptcy after banks accepted their offer of INR 2,500 crore to settle the company's dues under the Reserve Bank of India's one-time settlement…
Debt Financing
Genworks, a medical device distributor, has raised INR 15 crore from Blacksoil. The debt funding will be used for meeting the working capital requirements and expanding the company's newly acquired in-vitro diagnostics…
