General
Max Life closer to buying IDBI Federal Life; IvyCap explores cross-border fund
Max Life Insurance Company Ltd has emerged as the frontrunner to acquire or pick up a majority stake in IDBI ......
Finance
Aditya Birla Capital to foray into asset reconstruction business
Aditya Birla Capital Ltd, the holding company of the group’s financial services interests, is expected to foray into asset reconstruction ......
Finance
In Charts: What's the most preferred exit mode for PE, VC firms in India?
The boom in initial public offerings provided private equity and venture capital firms in India ample opportunites to cash in ......
General
Tatas eye Hector Beverages; True North-backed ACT plans IPO
Tata group is looking to acquire Hector Beverages Pvt. Ltd, which sells its products under the Paper Boat brand, a ......
People
KKR-controlled Avendus hires Alok Vajpeyi to head alternative strategies biz
Alok VajpeyiAvendus Capital Pvt. Ltd, a financial services company controlled by private equity giant KKR & Co., has appointed ......
Finance
Facebook co-founder Saverin's B Capital closes maiden fund at $360 mn
Global venture capital firm B Capital Group has closed its maiden fund B Capital Fund LP at $360 million (Rs ......
General
AGS Transact may buy back TPG, Actis stake; Tatas, JSW bid for Bhushan Power
The promoters of Mumbai-based payment solutions provider AGS Transact Technologies Ltd’s will buy back a 42% stake held by private ......
Manufacturing
Mahindra & Mahindra pares stake in JV with Japan's Sanyo
Mahindra & Mahindra Ltd has agreed to sell part of its stake in a joint venture with Sanyo Special Steel ......
People
Tata Housing MD and CEO Brotin Banerjee quits
Brotin Banerjee, managing director and chief executive officer of Tata Housing Development Company Ltd, has resigned citing personal reasons.Banerjee joined ......
General
Manulife eyes majority stake in IDBI Federal; Shapoorji's solar portfolio on sale
Canada’s Manulife Life Insurance Company has emerged as a frontrunner for a majority stake in India-based IDBI Federal Life Insurance ......
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