Anuradha Verma
General
RBI asks Kotak Mahindra Bank to cut promoters' stake to 40% by September 2014
The Reserve Bank of India (RBI) has directed the private sector lender Kotak Mahindra Bank Ltd to reduce its promoter ......
General
Arun Jaitley is new FM, Rajnath Singh gets home; meet India's new ministers
The Narendra Modi-led government allocated portfolios to its 45-member team sticking to the script with Arun Jaitley getting finance, corporate ......
General
NRI businessman BR Shetty, others to acquire foreign exchange firm Travelex from Apax
India-born entrepreneur Dr BR Shetty, along with equity partners of UAE-based investment firm Centurion Investments, has agreed to acquire foreign ......
General
RBI allows three more firms including BTI Payments, Srei Infra to set up white-label ATMs
The Reserve Bank of India has issued certificate of authorisation to three non-banking finance companies, including private equity-backed payments services ......
Consumer
Diageo gets SEBI nod to go ahead with open offer to buy up to 26% more in United Spirits
Diageo Plc, the world’s-largest spirits maker by revenue, has obtained approval from the capital markets regulator Securities and Exchange Board ......
General
Narendra Modi takes oath as new PM, Arun Jaitley may head finance
BJP leader Narendra Modi took oath as India's 15th Prime Minister along with 45 ministers, one of the slimmest governments ......
Technology
L&T Infotech appoints Chandrashekar Kakal as COO
Information technology services and solutions provide L&T Infotech has appointed Chandrashekar Kakal as its chief operating...
Infrastructure
Housing Development & Infrastructure to raise up to $400M
Real estate developer Housing Development & Infrastructure Ltd (HDIL) is looking to raise up to $400 million through issue of ......
General
SKS Microfinance raises around $68M through QIP issue
India’s lone-listed micro lender SKS Microfinance Limited has raised Rs 400 crore though a sale of 17.7 million equity......
TMT
Mayfield invests additional $5M in ATM e-surveillance firm Securens Systems
Venture capital firm Mayfield Fund has invested additional Rs 30 crore (a little over $5 million) in Mumbai-based ATM e-surveillance ......
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