Beena Parmar
Finance
IDBI Bank invites bids for its stake in Avenue Capital-backed Arcil
IDBI Bank has invited bids for around 19% stake in Avenue Capital-backed Asset Reconstruction Company (India) Limited (Arcil) in order ......
Finance
GIC picks up minority stake in Max Financial Services
Singaporean sovereign wealth fund GIC Pte Ltd has acquired a promoter’s stake in Max Financial Services Ltd, the publicly listed ......
People
Kotak Infrastructure Fund makes key hire ahead of second vehicle's first close
Kotak Investment Advisors Ltd (KIAL), the alternative investment arm of Kotak Group, has made a key hire to beef up ......
Finance
Carlyle arm to offload 5.1% stake in SBI Cards for $675 mn
US private equity (PE) major Carlyle’s arm has decided to offload 5.1% stake in government-backed SBI Cards and Payment Services ......
Manufacturing
AION Capital sitting on significant returns from 3-year bet on JSW Ispat
Distressed assets-focused private equity firm AION Capital is sitting on significant returns from its three-year bet on JSW Ispat Special ......
TMT
SME-focused digital lender Indifi looks to tap equity investors in a year
Small business-focused digital lender Indifi Technologies Pvt Ltd could look at raising equity capital over the next 12 months, a ......
Finance
IFC, associate entities to invest Rs 916 crore in Federal Bank
World Bank investment arm International Finance Corporation (IFC) and two associate entities will invest Rs 916 crore ($124 million at ......
Consumer
Tribunal doubts confidentiality maintained in Videocon bankruptcy process, requests IBBI probe
A Mumbai bench of insolvency tribunal has expressed surprise over the similarity between the bid value offered by Twin Star ......
Finance
Ares SSG-backed ARC set to lose bid for stressed home finance firm
An Ares SSG-backed asset reconstruction company (ARC) is set to lose a potential bid to acquire assets of large debt-laden ......
Finance
Lone Star Funds India head set to join global investment bank
The top India executive of US private equity and distressed assets investor Lone Star Funds is set to join a ......
