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Beena Parmar

Market-bound Northern Arc Capital raises debt from Japanese bank SMBC

Finance

29 September, 2021

Market-bound Northern Arc Capital raises debt from Japanese bank SMBC

Debt financing platform Northern Arc Capital, which filed for an initial public offering (IPO) this year, has received fresh debt ......

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Shopping around for MFs to get easier for PEs as regulator mulls relaxing rules

Finance

28 September, 2021

Shopping around for MFs to get easier for PEs as regulator mulls relaxing rules

Private equity firms, including global ones, could find it easier to shop around for mutual funds as the securities regulator ......

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Everstone new fund bumps up PE firm's largest-ever corpus target, hits first close

Finance

28 September, 2021

Everstone new fund bumps up PE firm's largest-ever corpus target, hits first close

Everstone Capital has bumped up the fundraise target for its fourth fund, which already had the largest corpus target ever ......

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Distressed sectors see renewed investor interest on govt support, easing of lockdowns

Infrastructure

27 September, 2021

Distressed sectors see renewed investor interest on govt support, easing of lockdowns

Distressed sectors including roads, hospitality and aviation are seeing renewed interest from investors on the back of government support for ......

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Investors turn to automated, AI-powered diligence platforms to select the right deal

TMT

26 September, 2021

Investors turn to automated, AI-powered diligence platforms to select the right deal

With hundreds of potential targets clamouring for their attention, investors are turning to smart, artificial intelligence (AI)-powered platforms that can ......

JM Financial managing director steps down as two insiders elevated to joint MDs

Finance

23 September, 2021

JM Financial managing director steps down as two insiders elevated to joint MDs

Homegrown financial services firm JM Financial will see managing director Vishal Kampani step down to take the non-executive role of ......

Blackstone backed Mphasis to buy US-based Blink for $94 mn

TMT

23 September, 2021

Blackstone backed Mphasis to buy US-based Blink for $94 mn

Mphasis Ltd, an Indian software services company backed by global private equity major The Blackstone Group, has announced the acquisition ......

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Demographics and convenience spurring hyper growth in financial services: HDFC vice-chair, CEO

Finance

17 September, 2021

Demographics and convenience spurring hyper growth in financial services: HDFC vice-chair, CEO

Unprecedented growth in financial services is resulting from rapidly changing Indian demographics and consumer behaviour which is underpinned by the ......

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Virus has driven financial services to inflection point: Experts at VCCircle FinServ Summit

Finance

17 September, 2021

Virus has driven financial services to inflection point: Experts at VCCircle FinServ Summit

The financial services sector is one of the biggest generators of alpha for investors historically, and the pandemic has only ......

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IIFL Finance hands 10% annualised return to CDC on second part-exit

Finance

16 September, 2021

IIFL Finance hands 10% annualised return to CDC on second part-exit

UK’s CDC Group Plc made a second partial exit on Thursday from IIFL Finance by selling 2.64% stake for Rs ......