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Janalakshmi Financial Services to raise $50 mn from IFC

General

03 June, 2016

Janalakshmi Financial Services to raise $50 mn from IFC

Bangalore-based microlender Janalakshmi Financial Services Pvt Ltd (JFS) is looking to raise about $50 million from International Finance Corp, the ......

India's services sector growth dips to a six-month low in May

General

03 June, 2016

India's services sector growth dips to a six-month low in May

India's services sector growth fell to a six month low in May as new business inflows slowed, a private survey ......

ICICI Prudential Life hires bankers for IPO; Mahanagar Gas to launch IPO this month

Others

03 June, 2016

ICICI Prudential Life hires bankers for IPO; Mahanagar Gas to launch IPO this month

Mukul Mudgal/VCCircleICICI Prudential Life Insurance Co Ltd, India's largest private sector life insurer, has hired Bank of America Corp and ......

SEBI lists measures to ease InvITs norms

General

02 June, 2016

SEBI lists measures to ease InvITs norms

The capital markets watchdog Securities and Exchange Board of India (SEBI) has decided to revamp the Infrastructure Investment Trusts (InvITs) ......

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Commercial realty picks up pace as leasing surpasses supply for third year

Infrastructure

02 June, 2016

Commercial realty picks up pace as leasing surpasses supply for third year

Demand for office space in India’s top eight cities is outstripping fresh supply, pushing vacancy levels lower and rentals higher, ......

Airtel Payments Bank names Shashi Arora as CEO, MD

General

02 June, 2016

Airtel Payments Bank names Shashi Arora as CEO, MD

Airtel Payments Bank (formerly known as Airtel M Commerce Services Ltd) has appointed Shashi Arora as chief executive officer and ......

Axis Bank forms JV with Mjunction for trade receivables discounting platform

General

02 June, 2016

Axis Bank forms JV with Mjunction for trade receivables discounting platform

Axis Bank Ltd, India's third-largest private-sector lender, has formed a joint venture with Mjunction Services Ltd for a trade receivables ......

Amtek Auto mulls stake sale; DT Cinemas in talks to sell remaining screens

Others

02 June, 2016

Amtek Auto mulls stake sale; DT Cinemas in talks to sell remaining screens

Auto parts manufacturer Amtek Auto Ltd is looking to divest a significant stake to financial investors to raise capital, as ......

Cushman & Wakefield's Sanjay Dutt may join Piramal Group

General

02 June, 2016

Cushman & Wakefield's Sanjay Dutt may join Piramal Group

Sanjay Dutt, who recently resigned as the managing director of Cushman and Wakefiled (C&W) India, is likely to join the ......

India manufacturing output edges up in May

General

01 June, 2016

India manufacturing output edges up in May

India’s manufacturing activity improved for a fifth straight month in May but a drop in new export orders slowed output ......

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