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SHYAM MAHESHWARI
Lighthouse Canton secures $40 million in funding led by Peak XV PartnersInvestment firm Lighthouse Canton has successfully raised USD 40 million in its inaugural external funding round, spearheaded by Peak XV Pa...- Body of former accountant manager of Cox & Kings found, police suspect a case of death by suicideCox & Kings' Deshpande was questioned by the Mumbai Police’s Economic Offences Wing in connection with a case registered by Kotak Mahindra ...
- Bankrupt Cox & Kings' promoter accuses senior staff of diverting Rs 2,000 croreAjay Ajit Peter Kerkar, the promoter of CKL, alleged in the FIR that the personnel had diverted Rs 1,600 crore to Indiabulls and Rs.434 cro...
- Trouble brews at coffee retailer: Siddhartha had personal debt of more than Rs 1,000 croreShocked by founder’s death, Coffee Day Enterprises forms new panel; analysts say road ahead unclear.
- Goldman Sachs and SSG in talks to buy RattanIndia bad loansIn September last year, state-run Power Finance Corp filed an insolvency plea against RattanIndia Power, formerly known as Indiabulls Power...
- New management works on reviving Religare EnterprisesREL said that as part of its revival plan, it has reduced overall borrowings of the group to Rs 5,852 crore from Rs 9,801 crore, as of Marc...
- Ruias ready forces for a comeback at Essar SteelThe move will come under fire as the recent IBC amendment aims to stop promoters of such companies from regaining control unless they settl...
- Malvinder Mohan Singh steps down from Religare EnterprisesThe proposed move is pre-cursor to rope in a strategic investor with a significant minority stake in Religare Enterprises through fresh iss...
- SSG Capital Management, InCred in race to buy up to 15% stake in CSBCSB reported an operating profit of Rs 151.71 cr against operating loss of Rs 3.75 cr the year ago, and notched a net profit of Rs 1.55 cr ...
- Aion and SSG cap racing to acquire debt ridden Alok IndustriesAlok found itself in a spot last October and sought protection from lenders by approaching the Board of Industrial and Financial Reconstruc...
- Private equity firm SSG Capital buys 40% stake in Kishore Biyani's Future Supply ChainPrivate equity firm SSG Capital Management has picked up a 40% stake in Kishore Biyani-promoted Future Supply Chain Solutions from existing...
- Vulture investor SSG Capital Management to rescue JPMorgan from Amtek fiascoThe proposed deal, awaiting regulatory nod, would end the wrangle between the MF owned by the Wall Street bank and the New Delhi-based auto...
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