Media & entertainment space gets new PE fund

In what is amongst the first focused fund in the space, India Media Entertainment Fund (IMEF) is raising Rs 500 crore, which will provide both equity as well as instruments like non-convertible......

What makes this loss-making steel co so attractive?

Long products demand growth is expected to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road......

Peeved Piramal says will quit race for DHFL over Adani's 11th-hour bid

Adani, which had earlier bid only for the wholesale book, now want all of DHFL's assets and has pipped both Oaktree and Piramal by bidding higher than each of them. A surprise last-minute bid by......

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

How did a profitable bank founded to serve small businesses in 1926 by a group of businessmen from the Vysya community - a trader caste based in southern and central India - come to this pass? T E......