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Blackstone sells 10% stake in Gokaldas Exports at huge loss

Manufacturing

10 June, 2016

Blackstone sells 10% stake in Gokaldas Exports at huge loss

Private equity giant Blackstone has sold just under 10% stake in garment exporter Gokaldas Exports Ltd or one-sixth of its ......

Premium
Equator part-exits microlender Satin Creditcare with multifold returns

General

09 June, 2016

Equator part-exits microlender Satin Creditcare with multifold returns

Equator Capital has struck neat profits from its six-year-old investment in Indian mid-size microlender Satin Creditcare Network Ltd as it ......

Fast and secure web experience for consumers key to success for Fintech cos

Sponsored

09 June, 2016

Fast and secure web experience for consumers key to success for Fintech cos

Increase in internet penetration and changing consumer expectations have led to a marked transformation in the delivery of financial...

Foreign investors prefer to invest in India via Singapore

General

08 June, 2016

Foreign investors prefer to invest in India via Singapore

Foreign investors channelled a higher share of their investments into India through Singapore compared with Mauritius in the financial year ......

Key takeaways from RBI's monetary policy

General

07 June, 2016

Key takeaways from RBI's monetary policy

The Indian central bank stuck to expected lines and kept the policy rate unchanged in its second bi-monthly monetary policy ......

HDFC ERGO to buy L&T General Insurance for $82 mn

General

07 June, 2016

HDFC ERGO to buy L&T General Insurance for $82 mn

Business conglomerate Larsen & Toubro (L&T) Ltd has inked an agreement to sell its general insurance arm to HDFC ERGO ......

RBI keeps rates unchanged on inflation fears

General

07 June, 2016

RBI keeps rates unchanged on inflation fears

The Reserve Bank of India kept interest rates on hold at a five-year low on Tuesday, as was widely expected, ......

PE-backed Redington's promoter Kewalram Chanrai Group sells 5% stake

TMT

06 June, 2016

PE-backed Redington's promoter Kewalram Chanrai Group sells 5% stake

Singapore-based NRI family led Kewalram Chanrai Group has sold over one-third of its holding in Chennai-based IT products distributor Redington ......

Premium
Kotak Mahindra almost doubles alternative assets under management in Jan-March

General

06 June, 2016

Kotak Mahindra almost doubles alternative assets under management in Jan-March

Kotak Mahindra Bank Ltd's alternative assets management arm bulked up its resources in the first three months of this year, ......

Sumitomo Chemical to buy 44% stake in Excel Crop Care for $90 mn

Manufacturing

06 June, 2016

Sumitomo Chemical to buy 44% stake in Excel Crop Care for $90 mn

The promoter group of Excel Crop Care Ltd, the Shroff family, has entered into a definitive agreement to sell its ......