Finance
GIC bumps ups stake in private-sector lender, deepening BFSI push
Singapore sovereign wealth fund GIC Pte. Ltd has raised its stake in a private sector lender in yet another bet ......
Finance
Lone Star-backed RattanIndia Finance sharpens focus on retail loans as NPAs soar
Lone Star Funds-backed RattanIndia Finance Pvt. Ltd will ramp up retail lending and reduce the share of corporate loans, a ......
TMT
Nexus Venture Partners scores exit from US portfolio firm Rancher Labs
German software company SUSE Group is acquiring Cupertino, California-headquartered Rancher Labs Inc. in a deal that will help...
Infrastructure
Adani to acquire Kalpataru's power transmission project
Adani Transmission Ltd said on Monday it will buy a subsidiary of Kalpataru Power Transmission Ltd. The enterprise value for...
Manufacturing
Adanis strike second deal for bankrupt firm amid allegations over impropriety
The real estate arm of billionaire Gautam Adani-led Adani Enterprises Ltd is set to acquire a distressed textile company, two...
Finance
IDBI Bank to pare stake in insurance JV with Ageas, Federal Bank
IDBI Bank has approved selling a 27% stake in its life insurance joint venture with Federal Bank and Belgium’s Ageas ......
Infrastructure
Jet Airways shortlists four potential suitors for sale
The resolution professional of bankrupt Jet Airways Ltd has shortlisted four potential bidders who may submit a bid proposal to...
Finance
This lender is now Blackstone's No.2 India bet after raising fresh capital
Blackstone Group has injected an additional amount into a financial services company that it had acquired last year, making it...
Finance
PNB expects recoveries worth $1 bn in three months' time
State-owned Punjab National Bank (PNB) is expecting recoveries worth Rs 8,000 crore ($1.05 billion at current exchange rate) from...
Finance
Govt invites bids for preparing IPO of Life Insurance Corporation
The government has invited bids for two pre-IPO transaction advisors for India’s biggest insurer Life Insurance Corporation...
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