General
Reliance Capital to cut consolidated debt by moving commercial finance business to the proposed banking arm
Reliance Capital would move around three fourth of its current consolidated debt on its books with the transfer of commercial ......
General
IDFC share crashes after it cuts foreign investment limit to meet banking licence norms
Financial services firm IDFC saw its share price crash to a four year low on Tuesday after it restricted foreign ......
General
PE major TPG takes stake in Shriram City Union
The US-based private equity investor TPG Capital has completed the process of taking a 22.65 per cent stake in consumer ......
Consumer
Gramco Infratech raises $2.3M from Samridhi Fund
Gramco Infratech Pvt Ltd (Gramco), a rural-focused company that creates infrastructure to support farmers, secured its first-round of equity funding ......
TMT
ATM outsourcing firm EPS raises $6M from existing investor Aavishkaar
ATM outsourcing firm Electronic Payment and Services Pvt Ltd (EPS) has completed its second round of equity funding worth $6 ......
General
In queue for banking licence, Religare Finvest to further rebalance lending portfolio
PE-backed Religare Finvest Ltd, the lending subsidiary of Religare Enterprises Ltd (REL) which generates over half of the top-line for ......
General
Venture debt lender IntelleGrow to reach book size of Rs 500Cr in 3-4 years, bets on clean energy
Venture debt lender IntelleGrow Finance Pvt Ltd (IGF) which is backed by Michael & Susan Dell Foundation (MSDF), is planning ......
General
Microfinance firm Janalakshmi raises $53M in Series D led by Morgan Stanley PE
Janalakshmi Financial Services Pvt Ltd, a microfinance institution based in Bangalore, has closed its Series D funding round worth Rs ......
General
NSEL board sacks CEO Anjani Sinha and six top officials
The board of National Spot Exchange Ltd (NSEL) sacked its MD and CEO Anjani Sinha and six top officials, including ......
General
Government raises FDI cap in asset reconstruction companies to 74%
The government has raised the cap on foreign direct investment (FDI) in asset reconstruction companies (ARCs) to 74 per cent ......
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