Ajay writes on the banking, financial services, and insurance segment. He is keen on analysing the multi-fold impact of any news development, and putting it across in the long-form.
Finance
Piramal Finance to exit Shriram Life, pocket $67 mn from stake sale
Piramal Finance will sell its 14.7% stake in Shriram Life Insurance to Sanlam Emerging Markets (Mauritius) for Rs 600 ......
Finance
Japan's MUFG Bank to buy 20% stake in Shriram Finance in largest foreign NBFC bet
Japan’s MUFG Bank will acquire a 20% stake in Shriram Finance for Rs 39,618 crore ($4.4 billion), marking the largest ......
Finance
Edelweiss' alternative investment arm revives IPO plan
The company is planning to refile its draft red herring prospectus (DRHP) with the Securities and Exchange Board of ......
Finance
Temasek adds a new BFSI company to India portfolio
Singapore-state investment firm Temasek, which operates independent of the city state’s sovereign fund GIC and has ......
Manufacturing
True North's private credit arm invests $8.3 mn in Samtel Avionics
True North Private Credit has invested Rs 75 crore (around $8.3 million) in aerospace and defence firm Samtel Avionics, ......
Finance
Japan's Mizuho to buy majority stake in Avendus from KKR
Redpoint Investments, an affiliate of private-equity giant KKR, will sell its stake in financial services firm Avendus ......
People
Bain Capital ropes in old hand to head special situations ops in India
American private equity firm Bain Capital has brought back a former executive to head special situations and real ......
People
Former Edelweiss Alts exec joins finserv firm to lead private credit biz
A former Edelweiss Alternatives executive has joined financial services firm Ashika Investment Managers to head its ......
General
Private credit norms across Gulf must be streamlined: Amplify's Sharaf Sharaf at VCCircle LP Summit
The streamlining of regulatory norms across Gulf countries will bolster private credit investments in the region, Sharaf......
Finance
TPG-backed fintech platform Fibe bags $35 mn cheque from IFC
Fintech platform Fibe has raised $35 million (Rs 314 crore) from the International Finance Corporation (IFC), the ......