Finance
Rana Kapoor family firm pares stake in Yes Bank
Morgan Credits Pvt. Ltd, owned by Yes Bank Ltd co-founder Rana Kapoor’s family, has sold a 2.3% stake for Rs ......
Finance
See big opportunity in India to drive impact and returns: Accion Venture's Vikas Raj
Earlier this month, US-based impact investor Accion Venture Lab raised a $33-million (Rs 238 crore) fund where it is mobilising ......
TMT
Former TCS, Tech Mahindra CEOs log into jobs marketplace GigIndia
GigIndia, a technology platform that helps students find part-time jobs, has raised funding from a clutch of technology industry...
Infrastructure
R-Com's undersea cable unit files for bankruptcy in US
Global Cloud Xchange (GCX), an arm of Anil Ambani-owned debt-laden Reliance Communications Ltd, has voluntarily filed for bankruptcy...
Finance
SME lender Aye Finance raises debt funding worth $11 mn
Fintech lender Aye Finance, backed by multi-stage investor SAIF Partners and Google's venture capital arm CapitalG, said it...
Finance
Stressed assets investor SSG Capital ups stake in non-bank lender
Hong Kong-based stressed asset specialist SSG Capital has raised its stake in a non-banking financial company in what is only...
Finance
PE-backed lender Altico Capital defaults on debt; chairperson quits
Altico Capital India Ltd, a non-banking financial company that focuses on the real estate sector, has defaulted on its debt ......
Finance
JM Financial injects fresh capital into asset reconstruction arm
JM Financial Asset Reconstruction Company Ltd has raised Rs 183.37 crore ($25.65 million) by allotting compulsory convertible...
Finance
Bank of Baroda looks to raise at least $74 mn by auctioning Dena Bank office
State-run Bank of Baroda is looking to sell the eight-storeyed corporate office of Dena Bank, which it absorbed last year, ......
Infrastructure
Blackstone to buy rest of Indiabulls' stake in office assets for $616 mn
Alternative investment firm Blackstone Group Inc has agreed to acquire the 50% stake it didn't already own in Indiabulls Real...
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