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Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

Avenue Capital-backed Arcil ropes in recently retired PSB head as chief

Finance

09 March, 2021

Avenue Capital-backed Arcil ropes in recently retired PSB head as chief

Asset Reconstruction Company (India) Ltd or Arcil, backed by US investor Avenue Capital, has appointed a former public sector...

Chemicals firm DCW raises debt funding from Kotak Special Situations Fund

Finance

08 March, 2021

Chemicals firm DCW raises debt funding from Kotak Special Situations Fund

Speciality chemicals firm DCW Ltd has raised Rs 410 crore (around $56 million) from Kotak Special Situations Fund through the...

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Tano Capital, Apax Partners sell stakes in Mumbai based private lender

Finance

08 March, 2021

Tano Capital, Apax Partners sell stakes in Mumbai based private lender

India and China based Tano Capital has turned in 3.5X returns from the sale of the bulk of its stake ......

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PE-backed claims processor Vidal Healthcare buys company to boost presence in north

Finance

08 March, 2021

PE-backed claims processor Vidal Healthcare buys company to boost presence in north

Vidal Healthcare Services Pvt Ltd, which processes insurance claims, has bought one of the largest players in the segment to ......

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Weekly Deal Wrap: Wipro's cash splash dwarfs all others

Finance

05 March, 2021

Weekly Deal Wrap: Wipro's cash splash dwarfs all others

Wipro loomed large during a dry spell for deal volumes in the first week of March, with the information technology ......

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Spark Capital's AIF arm all set to hit final close of second fund

Finance

03 March, 2021

Spark Capital's AIF arm all set to hit final close of second fund

Investment bank Spark Capital Advisors (India) is all set to hit the final close of its second alternative investment fund ......

Inflexor Ventures launches fellowship for deep-tech startups, partners 100X.VC

Finance

03 March, 2021

Inflexor Ventures launches fellowship for deep-tech startups, partners 100X.VC

Hyderabad based venture capital firm Inflexor Ventures has rolled out a deep-tech fellowship programme which will provide seed...

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Northern Arc inches towards float as NBFC finalises plans for hiring bankers

Finance

02 March, 2021

Northern Arc inches towards float as NBFC finalises plans for hiring bankers

Northern Arc Capital Ltd, formerly known as IFMR Capital, is in the process of firming up plans to hire book-running ......

RBI restricting banks from raising stakes in insurance firms

Finance

02 March, 2021

RBI restricting banks from raising stakes in insurance firms

India's central bank wants banks to limit ownership stakes in capital intensive insurance companies at a maximum 20%, less...

Credit Suisse ropes in Kotak Mahindra Bank execs for India wealth management team

Finance

02 March, 2021

Credit Suisse ropes in Kotak Mahindra Bank execs for India wealth management team

The domestic arm of global financial services company Credit Suisse has roped in two seniors from Kotak Mahindra Bank for ......

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