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RBI will issue seven banking licences, says finance minister
Finance Minister P Chidambaram has said the country’s banking regulator is expected to issue seven licences.According to reports, Chidambaram, who ......
TMT
Consumer service aggregator Suvidhaa sees remittance unit as business driver, eyes white label ATMs
Mumbai-based Suvidhaa Infoserve Pvt Ltd, a tech firm which acts as an aggregator of consumer services, is looking to double ......
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"We are looking at investments with an upside of three times": Ramesh Jogani of Indian Property Advisors
Ramesh Jogani, the erstwhile head of Indiareit Fund Advisors, the real estate dedicated private equity fund manager under Piramal Enterprises, ......
General
Actis' Gautham Radhakrishnan joins Tata Opportunities Fund
Tata Opportunities Fund LP is roping in Gautham Radhakrishnan, a director at emerging markets private equity major Actis, said sources ......
Healthcare
Manipal Hospitals may invest around $240M to more than treble bed capacity in three years
Bangalore-based Manipal Health Enterprises Ltd, the third-largest hospital chain in India, is planning to invest up to Rs 1,500 crore (around ......
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News Roundup: Chemplast Sanmar plans to raise $198M
Chennai-based chemicals maker Chemplast Sanmar plans to sell a minority stake to private equity funds or strategic investors to raise ......
TMT
Sibal sees telecoms consolidation as Vodafone lines up $2B investment
Vodafone Group Plc has told the Indian government it plans to invest more than $2 billion in the country, a ......
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Yippster seeks to enable easier micropayments for digital goods through mobile operator billingShopClues co-founder Sanjay Sethi takes over as CEOInMobi ......
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HDFC Bank Q2 profit up 27%, slowest quarterly growth in a decade
India's third-biggest lender by assets HDFC Bank posted its slowest quarterly profit growth in a decade due to a drop ......
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News Roundup: Xander to buy Shriram arm's IT SEZ for $112M
Global fund house Xander, the largest foreign investor in Indian realty assets, is close to acquiring an IT special economic ......
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