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 Everstone raises $261M as first close for its latest fund

Shruti Ambavat & Shrija Agrawal

Its previous fund closed in 2011 with commitments of $580 million.

IDBI invites EoI for sale of 5% stake in NSE

Anuradha Verma

Last year, IDFC reportedly divested a portion of its stake in NSE at Rs 4,200 per share.

Government pegs FY15 GDP growth at 5.5%

Anuradha Verma

In the first six months of fiscal 2014-15, Indian economy grew at 5.5 per cent on year-on-year basis.

Richard Verma to be sworn in as US Ambassador to India

PTI

Verma is the first Indian-American to hold the post.

IDFC, Russian Direct Investment Fund to invest $1B in infrastructure

Each entity will provide up to $500 million to invest in joint projects.

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