Top Stories

BPCL buys 21% stake in PE-backed FINO PayTech for $37.6 mn

TEAM VCC

State-run refiner Bharat Petroleum Corp. Ltd (BPCL) said on Friday it has signed definitive agreements to acquire a 21% stake in payment technology solutions provider FINO PayTech Ltd for Rs 251 crore ($37.6 million) in cash.

 Exclusive: IFMR extends final close for second debt fund on strong investor response

Bruhadeeswaran R

IFMR Investments, the wholly-owned subsidiary of non-banking finance company IFMR Capital Finance Pvt. Ltd, has extended the final close of its second debt fund by a few months after receiving an enthusiastic response from investors.

Investment bank o3 Capital to float hospitality-focused fund

Bruhadeeswaran R

Mid-market boutique investment banking firm o3 Capital Global Advisory Pvt. Ltd is looking to diversify its asset management business with the launch of a $150 million hospitality-focused fund.

SEBI-registered alternative investment funds swell to 235

PTI

Markets regulator Sebi has allowed as many as 235 entities to set AIFs, pooled-in investment vehicles for real estate, private equity and hedge funds, over a period of nearly four years.

These Alternative Investment Funds (AIFs) have been registered with Sebi since August 12.

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