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Beena Parmar

Paytm lists at discount, share price drops 25% on stock exchange debut

Markets

18 November, 2021

Paytm lists at discount, share price drops 25% on stock exchange debut

Paytm operator One97 Communications, backed by US investor SoftBank and Alibaba’s Ant Financial, listed at a 9% discount on its ......

Carlyle backs Indian drugmaker Viyash to set up integrated generic pharma platform

Healthcare

16 November, 2021

Carlyle backs Indian drugmaker Viyash to set up integrated generic pharma platform

Global investment firm Carlyle and Hyderabad-based drugmaker Viyash Life Sciences Pvt Ltd have jointly set up an integrated generic pharmaceutical ......

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LGT Lightstone-backed Vivriti Capital to raise $100 mn

Finance

15 November, 2021

LGT Lightstone-backed Vivriti Capital to raise $100 mn

Chennai-based non-bank lender Vivriti Capital plans to raise $100 million (approximately Rs 740 crore) from existing and new investors by ......

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Vivriti Asset Management to launch four funds to raise $635 mn; two in GIFT City

Finance

07 November, 2021

Vivriti Asset Management to launch four funds to raise $635 mn; two in GIFT City

Homegrown fixed-income manager Vivriti Asset Management (VAM) is set to raise four funds to raise a total of around Rs ......

RBI committee suggests ARCs be allowed as resolution applicants with AIFs

Finance

02 November, 2021

RBI committee suggests ARCs be allowed as resolution applicants with AIFs

Asset Reconstruction Companies (ARCs) will now be allowed to participate as resolution applicants in the bankruptcy and insolvency process, a ......

Vivriti Asset Management hires former Aditya Birla MF exec as Fund Manager for credit funds

Finance

02 November, 2021

Vivriti Asset Management hires former Aditya Birla MF exec as Fund Manager for credit funds

Vivriti Asset Management (VAM) has appointed former Aditya Birla Group executive Mohamed Irfan as Fund Manager of its credit funds, ......

Kotak Special Situations Fund to invest $135 mn in Sify's data centre business

TMT

01 November, 2021

Kotak Special Situations Fund to invest $135 mn in Sify's data centre business

Kotak Special Situations Fund (KSSF), part of the alternative investment arm of Kotak Group, will invest Rs 1,000 crore (around ......

Centrum-BharatPe's Unity Small Finance Bank starts operations

Finance

01 November, 2021

Centrum-BharatPe's Unity Small Finance Bank starts operations

Unity Small Finance Bank Ltd (Unity Bank), promoted by Centrum Financial Services Ltd and Resilient Innovations Pvt. Ltd (BharatPe), commenced ......

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Start-up incubator Venture Catalysts to set up $100 mn fintech fund

Finance

01 November, 2021

Start-up incubator Venture Catalysts to set up $100 mn fintech fund

Venture Catalysts, India’s first and largest integrated start-up incubator, plans to launch a fintech-focussed fund in the next few months, ......

Former SBI chairman, Alchemist ARC promoter booked in loan scam case

Finance

01 November, 2021

Former SBI chairman, Alchemist ARC promoter booked in loan scam case

Rajasthan’s Jaisalmer police have arrested ex-State Bank of India (SBI) chairman Pratip Chaudhuri in relation to a loan scam case ......