Bruhadeeswaran R
Infrastructure
Soham Renewable Energy scouts for acquisitions as it aims to become a 100 MW company by 2016
Bangalore-based Soham Renewable Energy Pvt Ltd, a hydro-based clean energy player with presence only in Karnataka, is acquiring more solar ......
General
PE-backed Magma Fincorp joins race for banking licence
Magma Fincorp Ltd, a non-banking financial company (NBFC) backed by Kohlberg Kravis Roberts (KKR) and World Bank’s arm International Finance ......
General
RBI relaxes ECB norms for low-cost housing projects
The Reserve Bank of India (RBI) has relaxed the norms for external commercial borrowing (ECB) for low-cost affordable housing projects ......
General
Mahindra Finance opts out of banking foray plan; Edelweiss, SREI set to apply
Mahindra & Mahindra Financial Services Ltd (Mahindra Finance), the flagship financial services arm of the Mahindra group, has backed out ......
Infrastructure
RBI carves out new sub-sector for lending to residential housing within integrated projects
The Reserve Bank of India (RBI) has carved out a separate sub-sector called ‘residential housing’ under the commercial real estate ......
General
Religare buys out PN Vijay Financial, founder to run the business
Diversified financial services group Religare Enterprises Ltd (REL) has acquired PN Vijay Financial Services Pvt Ltd (PNVF) through one of ......
General
Religare promoters to divest stake worth $182M to meet banking licence norms
Religare Enterprises’ promoters are looking to sell part of their stake in the group’s public listed financial services holding firm ......
Consumer
Omnivore invests in Bangalore-based agri-tech startup Barrix
Godrej Agrovet-backed early-stage VC fund Omnivore Partners has struck its second deal in as many months this year by investing in ......
Consumer
Pune-based Vaishno Devi Dairy looking to raise up to $21M from PE investors
Pune-based Vaishno Devi Dairy Products Pvt Ltd, which sells milk and milk products under the brand Shubhi, is looking to ......
General
What does bank credit tell us about industrial growth and consumer sentiment in India?
The headline numbers of outstanding bank credit in India seem to be in line with a slowdown in growth rate ......