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NewQuest eyes IDG stake in 4 firms; Orix, ADIA may buy controlling equity in IL&FS

General

26 September, 2018

NewQuest eyes IDG stake in 4 firms; Orix, ADIA may buy controlling equity in IL&FS

Private equity firm NewQuest Capital Partners is in preliminary talks with venture capital company IDG Ventures India to buy its...

YES Bank will ask RBI for more time to find CEO Rana Kapoor's successor

Finance

25 September, 2018

YES Bank will ask RBI for more time to find CEO Rana Kapoor's successor

India's Yes Bank Ltd said on Tuesday it would seek the central bank's approval to extend CEO Rana Kapoor's term ......

India's April-Aug fiscal deficit at 94.7% of full-year target

Economy

25 September, 2018

India's April-Aug fiscal deficit at 94.7% of full-year target

India reported on Tuesday a fiscal deficit of 5.9 trillion rupees ($81.4 billion) for April-August, or 94.7 percent of the ......

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Top IDFC Bank exec resigns to join i-banking firm

Finance

25 September, 2018

Top IDFC Bank exec resigns to join i-banking firm

A senior equity capital market executive at Mumbai-listed IDFC Bank has resigned to join one of India’s top investment banking...

Asia Healthcare may buy Nova IVI Fertility; GM in talks with JSW to sell unit

General

25 September, 2018

Asia Healthcare may buy Nova IVI Fertility; GM in talks with JSW to sell unit

Asia Healthcare Holdings, backed by TPG Growth and Temasek Holdings, is in advanced discussions to acquire fertility clinics operator...

Unicorn India Ventures leads bridge round in Sequretek

TMT

24 September, 2018

Unicorn India Ventures leads bridge round in Sequretek

Security solutions startup Sequretek IT Solutions Pvt. Ltd has raised Rs 27 crore (approximately $3.7 million) in a bridge round...

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Top IDBI Capital exec quits to join private-sector bank

Finance

24 September, 2018

Top IDBI Capital exec quits to join private-sector bank

A top executive at IDBI Capital Markets & Securities Ltd has quit to join a Mumbai-based bank, in the latest ......

Ola in funding talks at $7-8 bn valuation; TPG, Blackstone bid for Jet's loyalty programme

General

24 September, 2018

Ola in funding talks at $7-8 bn valuation; TPG, Blackstone bid for Jet's loyalty programme

Homegrown cab-hailing major Ola is in talks with South African e-commerce giant Naspers to raise fresh funds at a valuation ......

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Is geo-tagging the best way to weed out shell companies?

General

24 September, 2018

Is geo-tagging the best way to weed out shell companies?

The Union government has been considering the possibility of asking company promoters to geo-tag the location of their registered...

Hunch Ventures bets on Indian operators of food chains Wendy's and Jamie's Italian

Consumer

21 September, 2018

Hunch Ventures bets on Indian operators of food chains Wendy's and Jamie's Italian

Venture capital (VC) firm Hunch Ventures has picked up 50% stake in two companies, which separately hold master franchise rights...

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