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Religare promoters sell 2.7% more for $22M

General

30 September, 2013

Religare promoters sell 2.7% more for $22M

Malvinder and Shivinder Singh, promoters of financial service holding firm Religare Enterprises Ltd, sold another 2.7 per cent stake in ......

Premium
Mewar Orthopaedic looks to treble hospital network by 2014 end, focuses on tier II & III markets

Healthcare

30 September, 2013

Mewar Orthopaedic looks to treble hospital network by 2014 end, focuses on tier II & III markets

Udaipur-based Mewar Orthopaedic Hospitals Pvt Ltd, which focuses on orthopaedic and related services, is looking to invest Rs 70-80 crore ......

SKS Microfinance seals securitisation worth $51M

General

30 September, 2013

SKS Microfinance seals securitisation worth $51M

SKS Microfinance Ltd has concluded a securitisation transaction worth Rs 321 crore ($50.9 million) with a large unnamed public sector ......

CDC appoints UTI Capital's A Murugappan to lead Asia funds team

General

30 September, 2013

CDC appoints UTI Capital's A Murugappan to lead Asia funds team

UK’s development finance institution CDC Group Plc has roped in Alagappan Murugappan, known as Muru, as managing ......

Reliance Power CEO JP Chalasani quits, eyes own venture

Infrastructure

30 September, 2013

Reliance Power CEO JP Chalasani quits, eyes own venture

JP Chalasani, the chief executive officer of Reliance Power Ltd, has quit the company to pursue his entrepreneurial ambitions and ......

Indian private firms temporarily allowed to go public overseas without the rider of local listing

Others

27 September, 2013

Indian private firms temporarily allowed to go public overseas without the rider of local listing

The Indian government has decided to allow unlisted companies in India to raise capital abroad through a public listing without ......

Asian Development Bank to lend $500M for renewable energy project in Rajasthan

Infrastructure

27 September, 2013

Asian Development Bank to lend $500M for renewable energy project in Rajasthan

The Asian Development Bank (ADB) will provide a loan of $500 million (Rs 3,100 crore) to build a power transmission ......

Social startup Arogya Finance aims at 100,000 medical loans to the poor in 5 years

TMT

27 September, 2013

Social startup Arogya Finance aims at 100,000 medical loans to the poor in 5 years

Arogya Finance, a non-banking financial corporation (NBFC) providing medical loans to the bottom-of-the-pyramid segment, is in talks with two-three large ......

Distressed assets investor WL Ross pays Rs 1.1Cr to SEBI to settle Spicejet case

General

27 September, 2013

Distressed assets investor WL Ross pays Rs 1.1Cr to SEBI to settle Spicejet case

Billionaire investor Wilbur Ross-headed global private equity group WL Ross has paid Rs 1.1 crore to Security Exchange Board of ......

Premium
Capri Global retuning lending strategy; proposed realty-focused AMC behind schedule

General

27 September, 2013

Capri Global retuning lending strategy; proposed realty-focused AMC behind schedule

Capri Global Capital Ltd India (formerly Money Matters Financial Services), which switched its business model from financial advisory services to ......

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