1. Finance
PE deal of the month: True North injects fresh life into Religare Health

PE deal of the month: True North injects fresh life into Religare Health

Jyotindra Dubey 2 days ago
Deal: Religare Enterprises Ltd, the financial services firm controlled by brothers Malvinder and Shivinder Singh, has agreed to sell unit Religare Health Insurance Company Ltd...
Kotak Mahindra to buy out Old Mutual from insurance JV for $201 mn

Kotak Mahindra to buy out Old Mutual from insurance JV for $201 mn

Ankit Doshi 2 days ago
Kotak Mahindra Bank Ltd has agreed to acquire British partner Old Mutual plc’s 26% stake in their life insurance joint venture for Rs 1,292.7 crore...
Indian law firms sniffing out opportunities in forensics

Indian law firms sniffing out opportunities in forensics

Maulik Vyas 2 days ago
In December, a domestic mid-sized private equity fund appointed a Mumbai-based law firm to check the dealings of its target company. The investigations revealed that...
Warburg Pincus-backed Capital First buys into fin-tech startup Sienna

Warburg Pincus-backed Capital First buys into fin-tech startup Sienna

Ankit Doshi 2 days ago
Non-banking financial company (NBFC) Capital First Ltd, majority-owned by US private equity firm Warburg Pincus, said on Thursday it will buy a 10% stake in...
Exclusive: Canara Bank in talks to sell majority stake in factoring business

Exclusive: Canara Bank in talks to sell majority stake in factoring business

Swet Sarika 2 days ago
State-run lender Canara Bank is in talks with multiple financial services companies and private equity firms to sell its majority stake in the factoring business,...
Sensex rises to all-time high

Sensex rises to all-time high

Joseph Rai 3 days ago
The benchmark BSE Sensex gained 0.63% to close at a record high of 30,133.35. The index hit an all-time high of 30,167.09 earlier in the...
IndusLaw hires Shardul Amarchand's M&A partner Saurav Kumar

IndusLaw hires Shardul Amarchand’s M&A partner Saurav Kumar

Maulik Vyas 3 days ago
Saurav Kumar, who was partner (M&A) at Shardul Amarchand Mangaldas & Co, has joined mid-sized law firm IndusLaw as partner. This comes at the time...
StanChart Q1 profit doubles to $1 bn on lower bad loans

StanChart Q1 profit doubles to $1 bn on lower bad loans

Reuters 3 days ago
Standard Chartered almost doubled its profit in the first three months of the year after a sharp fall in losses from bad loans, raising the...
Canada's CPPIB hunts for deals in financial services, telecom in India

Canada’s CPPIB hunts for deals in financial services, telecom in India

Reuters 3 days ago
Canada Pension Plan Investment Board (CPPIB), the country’s largest pension fund manager, is exploring opportunities in the financial services, telecoms and logistics space in India...
IAN marks first close of maiden fund at $27 mn

IAN marks first close of maiden fund at $27 mn

Disha Sharma 3 days ago
Indian Angel Network (IAN) has attained the first close of its eponymous IAN Fund at Rs 175 crore (around $27 million), a company statement said....
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