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Subbarao overruled panel view on rate action in May

Reuters

A majority of external members of the central bank's monetary policy committee recommended no change in the policy repo rate at a May 3 policy meeting.

RentWorks hires investment banker for sale of Indian arm, L&T Finance seen among suitors 

Bruhadeeswaran R & Madhav A Chanchani

RentWorks India has been on the block for over six months and has held discussions with some of the leading NBFCs that have been looking to grow their business through acquisition.

Praveen Kadle of Tata Capital on PE arm's fundraising, overseas funds and investment opportunities in India 

Bruhadeeswaran R

The firm's PE arm managed to raise $1 billion during difficult market conditions and opened up India to a new class of investors.

JPMorgan investors on edge over vote on Dimon; what if they win?

Reuters

Among big bank CEOs, Dimon ranks first for stock returns and has been praised for leading the bank through the financial crisis with no quarterly losses and a strong balance sheet.


Vikram Pandit buys stake in JM Financial, to apply for banking licence

Former Citigroup CEO Vikram Pandit will spearhead Nimesh Kampani-led JM Financial’s proposed banking venture and make a strategic investment in the financial services group. He will also set up a $100 million distressed asset fund, along with JM Financial.

UPCOMING EVENTS
19 Jun, 2013
The Leela Palace, Bengaluru
27 Jun, 2013
ITC Sheraton Hotel, New Delhi
18 Jul, 2013
The Lalit, Mumbai

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