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Yes Bank set to recover 50% of dues from sale of Katerra India debtAfter this, Yes Bank held a Swiss challenge auction with Prudent ARC's offer as an anchor offer, giving the ARC the first right to match an...
JC Flower ARC, Prudent submit bids for two NPAs of Yes BankIn the initial bidding process, Prudent ARC made an offer of ₹165.6 crore for Katerra India, while JC Flower ARC proposed ₹133 crore for In...
JC Flowers ARC, Acre, Edelweiss among bidders for Yes Bank's ₹4,200-cr NPA pileThe corporate portfolio includes eight accounts that turned non-performing after 2019. These include Prometheon Enterprises with a debt of ...
Yes Bank puts Rs 4,200 crore of corporate and retail bad loans on sale, seeks all-cash offersThe bank's corporate loan portfolio comprises eight accounts totalling rs 3,091 crore, while the retail portfolio is worth Rs 1,142 crore. ...
Yes Bank surges 5% as lender seeks buyer for distressed loan bookAlmost a year after selling a Rs 48,000 crore distressed loan book to JC Flowers ARC, Yes Bank has put another portfolio of a little over R...
Yes Bank seeks buyers for Rs 4200 crore corporate and retail distressed loan bookThe corporate loan portfolio comprises eight accounts with Rs 3091 crore, while the retail portfolio is Rs 1142 crore. Last year, the bank ...
Lodha to develop 1.1-million-sq-ft warehouse, distribution center for Skechers at PalavaThe built-to-suit development will be undertaken by Palava Induslogic 2, where Lodha and an affiliate of Morgan Stanley Real Estate Investi...
Lodha, Morgan Stanley Real Estate to develop 72-acre logistics park at Palava near MumbaiRealty developer Lodha, listed as Macrotech Developers, and Morgan Stanley Real Estate Investing (MSREI) have entered into an agreement to ...
Flyjac Logistics acquires 22.3 acre land from Macrotech Developers in Mumbai regionIn a statement, Macrotech Developers, erstwhile Lodha Developers, said it has signed a deal with 3PL (third party logistics) provider, Flyj...
Japan’s Flyjac Logistics buys 22.3-acre land parcel at Lodha's industrial park near MumbaiThis is the fourth such transaction concluded by Lodha Group at Palava Industrial and Logistics Park in the last two quarters. In April, Ba...
SoftBank Vision Fund invested $2 billion into India startups this year: CEO Rajeev Misra“The key is to find interesting companies where we like the founder and the valuation,” SoftBank Vision Fund CEO Rajeev Misra says, adding ...
E-commerce gets a booster shotIn today's ETtech Morning Dispatch newsletter, e-commerce firms get a pandemic boost from Mumbai and Delhi; Digital payments see a sharp de...
Developers looking at latest construction technologies to complete project on timeWith ready to move property are in more demand than under construction one, developers looking for ways to complete construction as soon as...
Katerra to set up $100 million manufacturing plant in HyderabadThe US-based technology-driven construction firm currently has an off-site manufacturing facility in Krishnagiri.
Missed many unicorns as we were tourist investors: SoftbankSoftBank executive VP Rajeev Misra says India office will help spot companies early.
SoftBank’s Vision Fund to open India office, to be led by Sumer JunejaET was the first to report in its edition dated November 21, that Norwest Venture Partners’ Sumer Juneja would be joining Softbank to lead ...
Firm that built Indira Canteen in Bengaluru announces merger with US-based tech companyIt is this Bengaluru-based company, founded by Dubai-based entrepreneur Faizal Kottilollon, that built government-run Indira Canteens.
Why there is so much unease about SoftBank's funding strategy and methodsAs India’s startups enjoy green shoots of a funding resurgence, SoftBank’s looming presence is occupying a lot of mindspace. Its steps will...
Set to overachieve on $10-billion India investment target: Softbank CEO Masayoshi SonSon sees opportunities for Indian portfolio firms such as Oyo to go overseas and become global leaders while bringing its overseas portfoli...
'Startups need to consider how to map out their business expansion in a volatile market'The Elon Musk-led company, needs to quickly expand its product range and ramp up manufacturing if it’s to compete with the likes of General...