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SaaS startup RevenueHero raises $5.1 million in funding from existing investorsThe funds raised will be utilised to scale the business across the North American market and to strengthen the team, a statement said.- Delhi court denies bail to former MD & CEO of YES Bank Rana Kapoor“Considering the overall facts and circumstances of the present case, since the allegations against the accused are most grave in nature, a...
- Illegal gratification paid to top Yes Bank employees under lens: ED to courtThe Enforcement Directorate has stated this in its chargesheet charging Rana Kapoor, Gautam Thapar and 19 other individuals and entities. A...
- Sebi refuses to lift market ban on Gautam Thapar, others; gives certain relaxationsThey have been allowed to liquidate up to 25 per cent of the value of the securities held by them.
- SAT gives Sebi time till March 10 to pass final order in CG Power matterWhile giving more time, the tribunal also clarified that the regulator can rely only upon documents that are also made available to all the...
- SAT upholds Sebi order against Gautam Thapar, other ex-officials of CG PowerThe former officials of the company contended before the tribunal that Sebi, by passing the ex-parte ad-interim order has already placed th...
- CG Power case: Sebi bans Gautam Thapar, 3 others from market; orders forensic auditThe audit firm will have to submit the report to Sebi within six months from order date.
- Crompton Greaves to sell T&D biz outside India for Rs 85 croreA top executive at its parent Avantha Group also said Crompton Greaves will exit from international business by selling or winding up some ...
- Growth in corporate demand boosts confidence of hotel chainsDouble-digit growth in corporate demand on the back of improving business sentiment is boosting the confidence of hotel chains.
- Ballarpur Industries Limited to sell Malaysian subsidiary for $500 millionSabah Forest is 98.08% is owned by Ballarpur Paper Holdings BV, a Netherlands-based investment firm in which BILT owns a 69% equity stake.
- Ballarpur Industries sells stake in Malaysian arm for $500 millionBallarpur Industries will used the proceeds from the proposed transaction to reduce its overall debt of about Rs 7,000 crore.
- Coal scam: CBI fails to show any loss to govt, claims accusedThey (accused) have not been able to show during the entire arguments that they were actually possessing the land when they appeared before...
- Premium hotel chains pep up loyalty programmes with perks to stay ahead of competitionSome of them now offer much more attractive benefits such as keyless mobile checkin, personalised vacations, spa sojourns.
- Trinamool to take two IIM interns before Lok Sabha pollsThe TMC has decided to recruit two interns from the IIM in Kolkata to help the party devise and execute effective communication strategies.
- Ballarpur Industries to simplify corporate structureBilt will transfer 2 paper units to a step-down subsidiary that will ultimately be listed overseas as the Delhi-based co bows to demands by...
- Ballarpur Industries' arm raises $200 mn in perpetual bondsRaised at 9.75% per annum, the bonds have a call option in the fifth and 10th year, and at every distribution date thereafter.
- IIM students flooded with lucrative pre-placement offersPPOs are pouring in at IIMs just a month after their students completed the internship.
- Ballarpur Ind appoints JPMorgan, Citi to manage Dutch unit's listingAvantha group flagship Ballarpur Industries (BILT) has appointed JPMorgan and Citigroup to handle the planned flotation of its Dutch unit B...
- Bilt set to get a Rs 300-cr boostThe promoter group of Ballarpur Industries (Bilt) is pumping in around Rs 300 crore in the firm to strengthen the balance sheet and provide...
- Bilt to pump in Rs 1,200 cr for capacity expansionPapermaker Ballarpur Industries (Bilt) on Friday said it will invest about Rs 1,200 crore in expanding its manufacturing capacity at Bhigwa...
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