Wednesday, 21 October 2026
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LegalPay exits investment in Yashomati Hospitals

Delhi-based litigation financing startup Legalpay has exited its investment in Yashomati Hospitals, which was under insolvency. "We exited the investment successfully in less than 6 months! Not only that, we delivered…

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Assam govt may take 20% stake in Neyveli UP Power project

The Assam government, through Assam Power Distribution Company Ltd, has asked for a 20% stake in Neyveli Uttar Pradesh Power Ltd, a joint venture of NLC India Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd. NLC…

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Russia's UCP to sell stake in refiner Nayara Energy

After Amsterdam-based commodity trading firm Trafigura Group, Russian investment firm UCP has decided to sell its stake in Indian refiner Nayara Energy, even as Western sanctions impact the fundraising plans of the…

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Coal India to divest 25% stake in BCCL

The Board of Coal India Ltd (CIL) has given an in-principle approval to divest 25% of paid-up share capital of Bharat Coking Coal Ltd (BCCL) held by CIL. BCCL was incorporated in 1972 to operate coking coal mines…

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B2B unicorn Moglix buys back shares worth $10-M from founder

B2B industrial goods marketplace Moglix has bought back shares worth $10 million from its founder and CEO Rahul Garg. The development comes four months after the company's Series F round in which it had scooped up USD…