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Federal grants to fight child labour worldwide are axed in DOGE cutsThe Trump administration, under Elon Musk's Department of Government Efficiency, has cancelled millions in grants aimed at combating global...- KSK lenders to sell company's two arms to Medha Servo DrivesLenders have decided to sell two key ancillary companies of KSK Mahanadi Power to Medha Servo Drives, choosing them over Adani Power, the h...
- NCLT allows KSK Mahanadi lenders to distribute surplus cash of Rs 6400 crore among themThis is the first time lenders will recover a part of their dues before a resolution is approved by the NCLT. All bidders including Adani P...
- Metafin secures $5 million funding from Prime Venture Partners, othersThe Gurugram-based company will use the funds to expand across states, improve its loan book, enhance its technology and IoT stack, and hir...
- iLabs taken to NCLT for reneging on Lanco dealLenders to the defunct Lanco Group have taken Hyderabad-based iLabs Group to court, claiming that the company has refused to part with the ...
- Megha Engineering completes 71% stake buy in Lanco Anpara"The UP Power Corporation was the last among the regulators or agencies to give the go-ahead because it was a change in management. Other r...
- State Bank sells distressed KSK Mahanadi loans to Aditya Birla ARC for Rs 1,622 croreThis would be the single-largest distressed loan sale on an upfront payment basis by any bank, equating to a recovery of 42% for the bank. ...
- Megha Engg to buy Lanco Anpara stake for Rs 855 croreBanks led by IDBI Bank will soon sell 71% equity stake of thermal power company Lanco Anpara Power to Hyderabad-based Megha Engineering and...
- RIL, Adani Power among companies bidding for Lanco AmarkantakResolution professional Saurabh Kumar Tikmani, backed by KPMG, received 11 expressions of interest in all. Twin Star Tech, an investment ve...
- Banks get bids from three companies for Lanco's Anpara power plantLenders of Lanco Group at a joint lenders' meeting on Thursday decided to send the bids for thorough scrutiny to Deloitte, the process advi...
- Lenders reject Rs 2,800-crore Vedanta offer for Lanco unitVedanta's offer had been put to a vote after it was found to be better than a rival offer from iLabs Group. However, its offer failed to ge...
- Lanco Infra lenders value co's Anpara Power Plant at ₹819 crThe 1200 MW thermal power plant is a rare operational plant with fuel linkages and a power purchase agreement with the UP government. It is...
- Lenders to vote on Vedanta's ₹2,800 crore offer for Lanco unitVedanta and iLabs Group were the only two bidders under the Insolvency and Bankruptcy Code (IBC) provisions for the stressed thermal power ...
- Vedanta entity, Adani, Jindal Power, PFC and iLabs give EoI for KSK Mahanadi PowerSBI invited bids from ARCs for its Rs 4101 crore outstanding dues to KSK Mahanadi Power by 30 December, sets a reserve price of Rs 1423 cro...
- Harsh Vardhan launches mobile laboratory for coronavirus testingThe mobile lab, also called I-Lab or Infectious Diseases Diagnostics Lab, can run 50 RT-PCR and about 200 ELISA tests in a day.
- Support to innovation will prop up entrepreneurship: Nitin Nohria of Harvard Business School“Commitment to research is still uneven here and they (Indian business schools) need to commit themselves to doing more research.”
- NewsX promoter, Hyderabad investor Prasad V Potluri vie for TV9TV9 is majority-owned by iLabs Capital, which holds a 60 per cent stake, while Asia-focused private equity fund SAIF Partners has minority ...
- iLabs exit from Associated Broadcasting Company likely next month: Srini RajuThe exit of iLabs from the Associated Broadcasting Company is expected to be completed by January 2012.
- Reliance MediaWorks acquires ilab UKBuyout to help Reliance tap entertainment cos looking to outsource production & development.
- Warburg picks up Cibernet stake for $200 mA Warburg Pincus group company has acquired Cibernet.
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