Debt Financing
Hyderabad-based HR staffing, payroll and recruitment firm BigLeap, has raised INR 5 crore debt from roller skating athlete and Arjuna award winner Anup Kumar Yama and others. The fund will be used to boost the…
Debt Financing
The National Company Law Appellate Tribunal (NCLAT) has stayed the allocation of INR 4,400-crore proceeds from the sale of Reliance Infratel Ltd's (RITL) tower and fibre assets. The NCALT decision is based on an appeal…
Debt Financing
The National Company Law Tribunal (NCLT) has cleared the resolution plan submitted by the Kalrock-Jalan consortium for Jet Airways. The consortium will now apply for the relevant government approvals before it can…
Debt Financing
The financial creditors of the debt-ridden Videocon Industries Ltd (VIL) will get 8% equity in the entity created by the merger of 11 group companies into the firm as per the resolution plan. The 11 group companies…
Debt Financing
IIFL Home Finance plans to raise up to INR 5,000 crore to boost its lending business, through a public issue of non-convertible debentures (NCD). The company has filed a draft shelf prospectus with stock exchanges BSE…
Debt Financing
Yes Bank has removed the fraud tag on the account of Avantha Holdings, a family investment company of Delhi-based businessman Gautam Thapar, after it carried out a forensic audit of the company. The bank had…
Debt Financing
Private sector lender Karnataka Bank has declared accounts of Reliance Home Finance and Reliance Commercial Finance a fraud, with combined loan outstandings of over INR 160 crore to the lender. The bank has reported to…
Debt Financing
Gaming app Paytm First Games (PFG) has secured a loan of USD 30 million from One97 Communications and other existing investors. The loan will be given in two tranches, payable within five years, and will also have the…
Debt Financing
Mantra Properties & Developers and Solitaire Group are among the three companies which have submitted their bids to acquire Pune-based listed realty firm DS Kulkarni Developers through the insolvency process. While…
Debt Financing
Punjab & Sind Bank has declared Lanco Infratech Ltd as a fraud account. The NPA account, with outstanding dues of INR 215.17 crore, has been reported to the RBI. The company owes more than INR 44,000 crore to an IDBI…
