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Hindujas get in-principal approval to raise stake in IndusInd Bank

Finance

24 April, 2023

Hindujas get in-principal approval to raise stake in IndusInd Bank

Promoters of India's IndusInd Bank have received in-principal approval from the country's central bank to ......

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How edtech startup ixamBee was valued in new funding round

TMT

24 April, 2023

How edtech startup ixamBee was valued in new funding round

Government jobs-focussed learning platform ixamBee, which counts Mumbai Angels and Jito Angel Network as its investors, ......

Credit Suisse says lost $68 bn in assets last quarter, outflows continue

Finance

24 April, 2023

Credit Suisse says lost $68 bn in assets last quarter, outflows continue

Credit Suisse said on Monday that 61 billion Swiss francs ($68 billion) in assets left the bank in the first ......

Grapevine: KKR to wind down realty NBFC; Brookfield buys stake in CleanMax

General

24 April, 2023

Grapevine: KKR to wind down realty NBFC; Brookfield buys stake in CleanMax

Global private equity firm KKR, which had floated a real estate-focused non-banking financial company (NBFC) along with ......

Grapevine: KKR, Sekura eye road assets; Max leads race for TPG's Care Hospitals

General

21 April, 2023

Grapevine: KKR, Sekura eye road assets; Max leads race for TPG's Care Hospitals

Global private equity giant KKR, Edelweiss platform Sekura, road and infrastructure operator Shrem InvIT and ......

Temasek-backed Open lays off staff, slashes founders' salaries

TMT

20 April, 2023

Temasek-backed Open lays off staff, slashes founders' salaries

Singapore state investor Temasek-backed fintech unicorn Open has laid off 47 employees, joining a long list of startups ......

Inflection Point Ventures writes seed cheque to IoT solutions provider Cognecto

TMT

20 April, 2023

Inflection Point Ventures writes seed cheque to IoT solutions provider Cognecto

Internet-of-things solutions provider Cognecto on Thursday said it has secured $486,944 (around Rs 4 crore) in a seed ......

Grapevine: Abu Dhabi firm keen to bet on Byju's; Baring PE set to invest in IVF chain

General

20 April, 2023

Grapevine: Abu Dhabi firm keen to bet on Byju's; Baring PE set to invest in IVF chain

Abu Dhabi’s fund 10X AD is in talks with edtech major Byju’s chief executive Byju Raveendran for an investment in ......

Credit Suisse lodges $440-mn claim against SoftBank

Finance

20 April, 2023

Credit Suisse lodges $440-mn claim against SoftBank

Credit Suisse has lodged a $440 million claim against Japan's SoftBank Group Corp in London as it presses ahead with......

Grapevine: Air India seeks tie-ups for AIESL bid; Continuum Green gets two bidders

General

19 April, 2023

Grapevine: Air India seeks tie-ups for AIESL bid; Continuum Green gets two bidders

Tata Sons-owned Air India is seeking to join hands with either Lufthansa’s aircraft maintenance business Lufthansa ......

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