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Bruhadeeswaran R

LeapFrog makes first close of its second fund at $204M

General

10 September, 2013

LeapFrog makes first close of its second fund at $204M

Emerging markets impact investment firm LeapFrog Investments has announced the first close of its second fund at $204 million. The ......

Vikram Akula seeks to return to SKS Microfinance

General

09 September, 2013

Vikram Akula seeks to return to SKS Microfinance

Vikram Akula, founder of SKS Microfinance who quit the firm in late 2011 over differences with the firm’s board, is ......

Mahindra Finance forming JV with Woori Financial in Korea

General

09 September, 2013

Mahindra Finance forming JV with Woori Financial in Korea

Mahindra & Mahindra Financial Services Ltd (MMFSL), a part of $16.2 billion Mahindra Group, is forming a joint venture with ......

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Grameen Koota to focus on its home state as it aims 30% loan growth, to raise another equity funding next year

General

06 September, 2013

Grameen Koota to focus on its home state as it aims 30% loan growth, to raise another equity funding next year

Bangalore-based Grameen Financial Services Pvt Ltd (GFSPL), which runs under the trade name of Grameen Koota, is expecting over 30 ......

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Sequoia Capital part exits SKS Microfinance again, this time with a haircut

General

04 September, 2013

Sequoia Capital part exits SKS Microfinance again, this time with a haircut

Sequoia Capital has resumed part exiting from SKS Microfinance, selling another chunk of shares through a secondary market transaction on ......

RBI relaxes ECB and overseas investment norms

General

04 September, 2013

RBI relaxes ECB and overseas investment norms

The Reserve Bank of India on Wednesday eased norms for external commercial borrowing (ECB) and partially relaxed its restriction imposed ......

Religare to acquire Macquarie's stake in wealth management joint venture

General

02 September, 2013

Religare to acquire Macquarie's stake in wealth management joint venture

Religare Enterprises Ltd (REL) is ending its six-year old wealth management joint venture through acquisition of the stake held by ......

How can rupee be saved?

General

30 August, 2013

How can rupee be saved?

The value of Indian rupee has depreciated by over 27 per cent against the US dollar since April 30 when ......

Ascent Capital to buy 1.5% in ratings agency CARE for $3.7M

General

29 August, 2013

Ascent Capital to buy 1.5% in ratings agency CARE for $3.7M

Ascent Capital is picking around 1.5 per cent stake in the domestic ratings agency Credit Analysis and Research Ltd (CARE) ......

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MAS Financial Services eyes over $10M deal; Dutch investor to part exit

General

29 August, 2013

MAS Financial Services eyes over $10M deal; Dutch investor to part exit

A private investor is in talks to buy a minority stake in PE-backed MAS Financial Services Ltd through a secondary ......