In 2011, the bank raised Rs 970 crore through a qualified institutional placement and a preferential allotment to the promoters.
The MFI expects to increase its reach five times to more than 800,000 women borrowers in six years.
The beauty and wellness player is keen on acquisitions globally and has spotted Middle East and Southeast Asia as two key geographies.
Another major shareholder in NRB Bearings is the hedge fund Acacia Capital, which owns nearly 7% stake.
The IPO will be the largest by a domestic Internet company.
This is the firm’s second major cloud consulting acquisition; Aditi acquired Cumulux in 2011.
Standard & Poor's reiterated its negative outlook on India's credit rating, which is one notch above "junk", warning of the need to follow through on reforms and dealing a blow to a government that had recently pitched for an upgrade.
The founder of the pre-school chain operator aims to triple its network with 1,000 centres by 2018.
The chief executive of one of India’s top online travel agencies talks about inorganic expansion, operations and more.
VCCircle Bengaluru Investment Summit 2013
Techcircle Mobile Forum 2013
India Angel Summit 2013
VCCircle Financial Services Investment Summit 2013