LiveApollo Eyes SVB Assets as Suitors Circle $73.6 Billion Loan Book
Apollo Global Management Inc showed interest in snapping up a book held by Silicon Valley Bank, the California bank that was seized by federal regulators...
Category : BUSINESS
LIC’s Debt Exposure in Adani Group Companies Falls Slightly to Rs 6,183 Crore
LIC’s debt exposure in the Adani Group of Companies fell slightly to Rs 6,183 crore on March 5 from Rs 6,347 crore on December 31,...
SVB’s Collapse Puts Softbank’s Startup Funding Under Investors’ Spotlight
As the world weighs the fallout from the Silicon Valley bank’s collapse, investors are casting wary eyes on SoftBank Group Corp, the startup’s biggest backer...
Nokia Partners with Netplus to Bring Broadband Services in India
On Monday, Nokia announced a partnership with Internet Service Provider (ISP) Netplus Broadband to deliver future-proof world-class broadband services in India. Netplus will deploy the...
HSBC Buys UK Subsidiary of Silicon Valley Bank for £1
On March 13, HSBC Holdings plc announced that its UK subsidiary, HSBC UK Bank Ltd, has acquired Silicon Valley Bank UK Ltd (SVB UK) for...
Hyundai Motors Signs for Potential Acquisition of General Motors’ Talegaon Plant
Hyundai Motors India Limited (HMIL) has signed a term sheet to potentially acquire recognised assets at General Motors’ Talegaon Plant in Maharashtra’s Pune district. According...
Paytm Loan Book Surges 254% in February with Continue Rise in Consumer Base
Paytm sustained to scale its credit business with expenditures of Rs 4,158 crore ($503 million) in February 2023, year on year of 254%, with the...
Adani Group Prepays Full Financing for Ambuja Cements Acquisition
As part of their debt pre-payment strategy, the Adani family has paid margin-linked share-backed funding of $2.15 billion before the March-end target. Moreover, the promoters...
Power Demand Surge Puts NHPC on Track for 200% Revenue Growth in Next Year
PSU firm NHPC has set a revenue target of Rs 15,000 crore for FY25, 20% higher than FY22, in an environment of growing electricity demand...
Paytm Payments Bank Goes Live with UPI LITE for Small Transactions
Paytm Payments Bank Limited (PPBL) has enabled UPI LITE, a feature enabled by the National Payments Corporation of India (NPCI) for several small UPI transactions,...