Top Stories
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.
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RECENT COMMENTS
- 23 May 2013Murali ApparajuonInteresting surmises! What makes the takeaways less validated however is the lack of disclosure or at least a...
- 23 May 2013VaradhaonPhoenix LP's are managing your money and my money - so they ought to maintain an arm's length and review...
- 21 May 2013PhoenixonWell said Varadha. This comment of your is unclear, " LPs ought to maintain an arm's distance from GPs and...
- 21 May 2013AnooponThe biggest problem in Indian PE fund GPs is Ethics. They want Day-One-Carry rather than long term carry. There should...
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