Modulus hires UBS Mumbai branch head Sandeep Agarwal as new CEOModulus Alternatives has appointed Sandeep Agarwal, former UBS AG head of Mumbai branch, as its new CEO. Agarwal, expected to join in Janua...
Ex-Reliance Industries CFO joins Modulus as equity partnerHe will enter with 17.3% equity stake, which is set to increase over a period of time. Modulus is raising its second fund, targeting growth...
Fourth Partner Energy raises Rs 125-crore debtFounded in 2010 by entrepreneurs Vivek Subramanian and Saif Dhoraijwala, FPEPL has raised ₹1,600 crore in equity funding since its inceptio...
Centrum's fund modulus ropes in SBI veterans to drive growthRaghavendra Rao, a former deputy managing director at the bank, Narayanan Sadanandan, a former CEO of SBI Pension Funds, and Anoop Krishna,...
MedPlus promoter to refinance debt held by Warburg PincusThe promoter has raised ₹350 crore in debt from Modulus Alternatives to help with the buyout. The fund, borrowed at the promoter level, is ...
Private credit funds exiting early to lower borrower stress risksCompanies that manage to raise funds through public listing, share sale to private equity or through the sale of assets prefer to pay up th...
Modulus Alternatives infuses Rs 105 crore in Shivam Autotech, commits total investment of Rs 150 croreModulus Alternatives Investment Managers has invested INR 105 crore in Shivam Autotech as part of its commitment to invest INR 150 crore in...
Modulus credit fund Invests ₹150 crore in Shivam AutoThe investment will be from the funds managed by Modulus Alternatives including its second fund - India Credit Opportunities Fund II, which...
Global bankers join AIFs amid investors chasing high yieldsThe structuring of these funds that provide equity upside for the top employees has led to bankers such as Shantanu Sahai and Rakshat Kapoo...
Carborundum Universal, ideaForge to jointly develop cutting-edge nanomaterial reinforced products for dronesCarborundum Universal Ltd, the Indian manufacturer of industrial ceramics has partnered with IdeaForge Technology to manufacture lighter an...
Jack Dorsey's Block slows hiring, investment as bitcoin plunge slams earningsShares of Block, formerly called Square, fell nearly 6% in extended trading on Thursday.
NTPC commissions India's largest floating solar power projectThe project's reservoir spans 500 acres and was built with a cost of Rs. 423 crores through M/s BHEL's EPC (Engineering, Procurement and Co...
IIT Madras-incubated startup develops a portable hospital unit to treat virus patientsThis unit is called ‘MediCAB’ that follows a decentralized approach to detect, screen, identify, isolate and treat COVID-19 patients in the...
- Colour-changing e-skin developed; can have robotics uses
Beijing, July 26 (IANS) Chinese researchers have developed a user-interactive electronic skin that can change colour -- an ability associat...
Twelve stocks in focus on Tuesday, 5 July 2016The Indian market is expected to open flat. Here is a list of top twelve stocks that are likely to be in focus today.
US firm files copyright infringement case against 63 Moons TechnologiesThe Jignesh Shah-promoted company has denied any such infringement and said it is taking appropriate measures in consultation with its lega...
New metal for lighter, fuel-efficient aircraft developedA new super-strong structural metal with extremely high specific strength for making lighter airplanes, spacecraft has been developed by sc...