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Bruhadeeswaran R

Ambit's Holland to join Avendus with team; KKR-controlled I-bank eyes hedge fund play

General

22 September, 2016

Ambit's Holland to join Avendus with team; KKR-controlled I-bank eyes hedge fund play

Mumbai-based Avendus Capital has hired the entire top management of Ambit Investment Advisory that includes its CEO Andrew Holland and ......

Premium
MAS Financial Services firms up plans to go public

General

21 September, 2016

MAS Financial Services firms up plans to go public

Ahmedabad-based non-banking finance company MAS Financial Services Ltd is firming up plans to take the firm public after several firms ......

Peepul Capital accuses portfolio firm VSoft of fraud, files complaint

TMT

20 September, 2016

Peepul Capital accuses portfolio firm VSoft of fraud, files complaint

The Indian subsidiary of private equity firm Peepul Capital LLC has filed a police complaint against one of its investee ......

TeamLease to acquire NichePro to boost IT staffing business

General

20 September, 2016

TeamLease to acquire NichePro to boost IT staffing business

Staffing firm TeamLease Services Ltd has agreed to buy Bengaluru-based NichePro Technologies Pvt. Ltd for Rs 29.5 crore ($4.4 million) ......

Multiples' managing director Dinesh Tiwari quits

General

19 September, 2016

Multiples' managing director Dinesh Tiwari quits

Dinesh Tiwari, managing director of Multiples Alternate Asset Management Pvt Ltd, has resigned from the private equity firm led by ......

E-distributor Just Buy Live plans fundraise to enhance presence

TMT

19 September, 2016

E-distributor Just Buy Live plans fundraise to enhance presence

Just Buy Live Enterprise Pvt. Ltd, an e-distributor that connects shopkeepers with consumer brands and distributors, is firming up plans ......

ICICI Prudential Life raises $244 mn from anchor investors

General

17 September, 2016

ICICI Prudential Life raises $244 mn from anchor investors

ICICI Prudential Life Insurance Co. Ltd on Friday raised about Rs 1,636 crore ($244 million) by selling shares to 38 ......

IFC to invest $40 mn in microlender Ujjivan Financial via debt

General

16 September, 2016

IFC to invest $40 mn in microlender Ujjivan Financial via debt

International Finance Corporation (IFC) will invest up to $40 million (about Rs 268 crore) in Bengaluru-based microfinance firm Ujjivan Financial ......

Edelweiss Financial Services may sell agri unit to Inditrade Capital

Manufacturing

16 September, 2016

Edelweiss Financial Services may sell agri unit to Inditrade Capital

Mumbai-based Edelweiss Financial Services is engaged in talks with south-based Inditrade Capital to sell its agri commodity business Edelweiss Agri ......

Hero FinCorp raises $105 mn from ChyrsCapital, Credit Suisse

General

15 September, 2016

Hero FinCorp raises $105 mn from ChyrsCapital, Credit Suisse

Non-banking financial company (NBFC) Hero FinCorp Ltd said on Thursday it has raised Rs 702 crore ($105 million) from private ......