Jaypee lenders approve evaluation criteria for bankruptcy process

Lenders and home buyers of debt-ridden Jaypee Infratech have approved evaluation criteria to be adopted to select a bidder for taking over the bankruptcy-bound realty firm. Continue Reading

GAVS partners global institutional investors for expansion

Digital transformation services provider GAVS has announced that primary investor Basil Partners, an independent private equity company has brought in more investments into their portfolio companies by signing up with global institutional investors ‘Committed Advisors’ and ‘NewQuest Capital Partners’. Continue Reading

Institutional investment in realty to touch $5.5 bn: Study

Institutional investment in real estate could rise marginally to $5.5 billion (around Rs 38,527 crore) before year-end, as domestic and foreign investors see tremendous growth opportunities in the Indian property market, a report has stated. Continue Reading

Telecom Watchdog accuses Voda Idea, Airtel of anti-consumer practices

In a letter to Telecom Regulatory Authority of India (TRAI), Telecom Watchdog flagged concerns over the manner in which the two companies had allegedly fixed similar tariffs at the same time. Continue Reading