Neuroscience startup BrainSightAI raises $5 million from IAN Alpha Fund, othersBrainSight AI raised $5 million in pre-series A funding round. With plans to expand in India and pursue FDA certification. The Bengaluru-ba...
ET Startup Awards 2024: Nominees for Top InnovatorThe award will recognise innovations that launch a business or give it a big boost. It should be an original idea that is core to the busin...
Shyam Metalics arm gets NCLT nod to acquire Mittal CorpThe Indian bankruptcy court has approved the acquisition of steel maker Mittal Corp Ltd by Shyam Metalics and Energy Ltd. The successful bi...
Elderly couple recreates Amitabh Bachchan & Moushumi Chatterjee’s 'Rimjhim Gire Sawan' through Mumbai, Anand Mahindra lauds power of imaginationA heartwarming video of an elderly couple recreating a beloved Bollywood rain song from the 1979 film 'Manzil' has gone viral. The couple, ...
Phoenix ARC may sell Mittal Corp to Shyam SelPhoenix ARC is the largest debtholder after bank lenders sold their loans at a Swiss challenge auction for ₹405 crore last October. The loa...
NCLAT allows Jindal Stainless to bid for Rathi Super SteelThe National Company Law Appellate Tribunal (NCLAT) said the NCLT "did not commit any error" as sales were not completed and the object was...
NARCL declines to match Phoenix ARC's bid for Mittal CorpPhoenix's offer was 78% higher than the ₹228 crore from NARCL, and more importantly, it was on a full cash basis in contrast with the 85% s...
Phoenix ARC makes highest offer of Rs 405 crore for Mittal Corp under Swiss auctionPhoenix ARC gave a Rs 405 crore bid for the bankrupt steel maker, against the anchor offer of Rs 228 crore from National Asset Reconstructi...
NARCL gets going with its first offerNARCL has offered ₹228 crore for Mittal Corp debt held by public sector banks (PSBs) totalling ₹1,414.5 crore, people aware of the developm...
Bidders for Mittal Corp challenge NCLT move to halt voting on plansJindal Stainless and Rimjhim Ispat have approached the National Company Law Appellate Tribunal (NCLAT) challenging the NCLT decision to per...
Tata Steel Mining's Rs 780 crore resolution plan for Rohit Ferro Tech approved by NCLTVedanta’s ESL Steel, Rimjhim Ispat, Shyam Metallics, and Maithan Alloys were among the other bidders in the race for the Kolkata-based comp...
Rimjhim Ispat acquires BRG Iron & Steel in liquidationWhen Rimjhim Ispat made the first bid, it had offered Rs 500 crore under the debt restructuring process, but the offer was rejected by 98% ...
Shyam Metalics fixes IPO price band at Rs 303-306, issue to open on June 14The issue comprises fresh issuance of shares, aggregating up to Rs 657 crore, and an offer for sale of up to Rs 252 crore by existing share...
LML to shut operations with no feasible revivalThe company has about Rs 243 crore total debt, while lenders and the workmen together put up a claim of about Rs 500 crore.
Meet the business analyst whose art helps corporates with team-building activitiesWhile brushing up her skills, Rimjhim Garg conducts weekend workshops for individuals & corporates.
On-demand home service startup Frapperz to get Rs 2.58 croreThe startup, which expects to get the fund over the next three to six months, will use it to upgrade its technology and expand its geograph...
Hindustan Coca-Cola Beverages expects robust growth this yearThe company has launched two new flavours namely apple and black grape under the brand Fanta. It has also revived its existing brand called...