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Bruhadeeswaran R

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What the sharp decline in gold price means for PE-backed gold loan companies

General

15 April, 2013

What the sharp decline in gold price means for PE-backed gold loan companies

Gold loan firms, who have been experiencing growth pangs, are now facing heavy headwinds as the bullion price has dipped ......

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PE deals in financial services segment hit 4-year low in Q1

General

11 April, 2013

PE deals in financial services segment hit 4-year low in Q1

Private equity deals in the financial services space began on a poor note with the number of transactions and the ......

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IFC's Ayaan Adam on investment pipeline, strategies and $500M India infusion plan for 2013

General

09 April, 2013

IFC's Ayaan Adam on investment pipeline, strategies and $500M India infusion plan for 2013

International Finance Corporation, a private investment arm of World Bank, invests in for-profit and commercial projects that reduce poverty and ......

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Utkarsh Micro Finance raises $3.6M from existing investors; promoters to put in more

General

08 April, 2013

Utkarsh Micro Finance raises $3.6M from existing investors; promoters to put in more

Varanasi-based Utkarsh Micro Finance Pvt Ltd has raised Rs 20 crore ($3.64 million) from existing investors Aavishkaar Goodwell, International Finance ......

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Satin Creditcare raises $7.6M in new funding, Lok Capital scores 2x in exit

General

05 April, 2013

Satin Creditcare raises $7.6M in new funding, Lok Capital scores 2x in exit

Delhi-based microfinance institution Satin Creditcare Network Ltd (SCNL) has completed another equity infusion of Rs 41 crore ($7.6 million) from ......

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MFI securitisation market growth slumps in FY13, rescued by small players

General

04 April, 2013

MFI securitisation market growth slumps in FY13, rescued by small players

Microfinance institutions (MFI) saw poor growth in securitisation transactions last year, as per initial industry estimates. Numbers suggest that a ......

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Intas Pharma revives IPO plan, ChrysCapital eyeing part exit

Healthcare

04 April, 2013

Intas Pharma revives IPO plan, ChrysCapital eyeing part exit

Ahmadabad-based Intas Pharmaceutical Ltd has revived its IPO plan which it had deferred last year due to volatile market conditions, ......

Vienna-based Constantia to acquire 60% stake in Parikh Packaging

Manufacturing

03 April, 2013

Vienna-based Constantia to acquire 60% stake in Parikh Packaging

Vienna-headquartered Constantia Flexibles Group has signed an agreement to acquire 60 per cent stake in Ahmedabad’s Parikh Packaging Pvt Ltd ......

Morgan Stanley names new India operation co-heads

General

02 April, 2013

Morgan Stanley names new India operation co-heads

Morgan Stanley has named Aisha De Sequeira and Sanjay Shah as the new co-heads of its business in India, replacing ......

IFC to lend up to $11M to Pune-based Suryoday Microfinance

General

02 April, 2013

IFC to lend up to $11M to Pune-based Suryoday Microfinance

International Finance Corporation (IFC), the private sector investment arm of the World Bank, is planning to make a quasi-equity and ......