Bhawna Gupta

IFC lending $91M to three investee firms--Magma Fincorp, Bandhan and Au Financiers

General

20 February, 2014

IFC lending $91M to three investee firms--Magma Fincorp, Bandhan and Au Financiers

International finance Corporation (IFC), the private sector investment arm of World Bank, is investing around $91 million in PE-backed non-banking ......

TMT

20 February, 2014

IVFA-controlled Atria Convergence secures debt from Olympus, Kilimanjaro

Broadband and cable TV access provider Atria Convergence Technologies Pvt Ltd (ACT) has secured an undisclosed amount in structured debt ......

Manufacturing

20 February, 2014

Hero Group's auto component firm Rockman to buy majority stake in Sargam Diecastings

Rockman Industries Ltd, a part of Hero Group, has entered into a definitive agreement to acquire majority stake in Chennai-based ......

Consumer

19 February, 2014

Goldman Sachs and Mitsui lead $51M investment in former Godrej exec's new FMCG venture

Goldman Sachs and Mitsui Global Investment (Mitsui), a unit of Japan's Mitsui & Co. Ltd, among others are together putting ......

General

19 February, 2014

Avista ropes in Ravi Shankar as head of investment banking in India

Singapore-headquartered mid-market focused Asian advisory firm Avista Advisory Group (Avista) has roped in Ravi Shankar as MD and head of ......

Consumer

18 February, 2014

Lenders sell 0.34% pledged stake of United Breweries in United Spirits

United Breweries (Holdings) Ltd, Vijay Mallya-led UB Group's holding company, has lost around 0.34 per cent stake more in United ......

TMT

18 February, 2014

Bharti Airtel dials Loop Mobile to become top player in Mumbai

India’s largest telecom operator Bharti Airtel Ltd has signed a strategic agreement to acquire Loop Mobile for an undisclosed amount. ......

General

17 February, 2014

IFCI to set up $32M VC fund for scheduled castes

In order to promote entrepreneurship among the scheduled castes and to provide concessional finance to them, Industrial Finance Corporation of ......

TMT

14 February, 2014

Airtel, Vodafone, Idea and Reliance Jio among top bidders in spectrum auction

The country’s major telecom services majors Bharti Airtel, Vodafone and Idea Cellular have paid through the roof to retain airwaves ......

Manufacturing

14 February, 2014

Asian Paints hikes stake in Singapore arm to 96.7%, gets it delisted from SGX

Asian Paints (International) Ltd (APIL), a wholly-owned subsidiary of India’s largest paints company Asian Paints Ltd, has hiked its stake ......