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Grapevine: Edelweiss MF circles IDBI unit; Thomas Cook may buy TC brand

General

25 October, 2019

Grapevine: Edelweiss MF circles IDBI unit; Thomas Cook may buy TC brand

Edelweiss Mutual Fund has emerged frontrunner for IDBI Asset Management Company as the entity has entered the final stage of ......

Japan's Credit Saison floats VC fund to invest in India, Southeast Asia

Finance

24 October, 2019

Japan's Credit Saison floats VC fund to invest in India, Southeast Asia

Credit Saison, a Japanese consumer finance company, has launched its international corporate venture capital arm that will back...

How will the insurance sector shape up in the next decade?

Finance

23 October, 2019

How will the insurance sector shape up in the next decade?

Until a few years ago, India’s insurance sector was seen as a playground of multinational firms looking to expand their ......

Omidyar leads seed funding round in education loans platform Credenc

TMT

22 October, 2019

Omidyar leads seed funding round in education loans platform Credenc

Credenc Web Technologies Pvt. Ltd, an education loans platform, said on Tuesday it has raised Rs 17.8 crore ($2.5 million) ......

KKR-backed Bharti Infratel's merger with Indus Towers hits a wall

TMT

22 October, 2019

KKR-backed Bharti Infratel's merger with Indus Towers hits a wall

A planned merger between telecom tower companies Bharti Infratel Ltd and Indus Towers Ltd has been delayed due to a ......

L&T Infotech to buy PowerupCloud in this year's fourth acquisition

TMT

17 October, 2019

L&T Infotech to buy PowerupCloud in this year's fourth acquisition

Larsen & Toubro Infotech Ltd said on Thursday it has agreed to acquire consultancy PowerupCloud Technologies Pvt. Ltd as part...

Should fintech firms explore new business models and diversify?

Finance

17 October, 2019

Should fintech firms explore new business models and diversify?

A large number of fintech startups have raised venture capital over the past few years. But there is a need ......

PremjiInvest, Warburg Pincus to buy IAG's stake in SBI General

Finance

17 October, 2019

PremjiInvest, Warburg Pincus to buy IAG's stake in SBI General

Premjilnvest, the family office of Wipro Ltd’s Azim Premji, and private equity firm Warburg Pincus are buying Insurance Australia Group’s ......

Mumbai-born Abhijit Banerjee, two others get Nobel in economics for 2019

People

14 October, 2019

Mumbai-born Abhijit Banerjee, two others get Nobel in economics for 2019

Mumbai-born economics professor Abhijit Banerjee and his wife are among the three people who have won the Nobel Prize in ......

France's Total to buy 37.4% stake in Adani Gas for $868 mn

Infrastructure

14 October, 2019

France's Total to buy 37.4% stake in Adani Gas for $868 mn

French energy giant Total SA has agreed to buy a 37.4% stake in Adani Gas Ltd for as much as ......