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Mid-market PE firm BanyanTree downsizes third fund, marks first close

Finance

12 February, 2021

Mid-market PE firm BanyanTree downsizes third fund, marks first close

Mid-market private equity firm BanyanTree Capital has marked the first close of its third India-focused fund and reduced the target...

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Weekly Deal Wrap: Serum Institute's Poonawalla and Advent hot on the charts

Finance

12 February, 2021

Weekly Deal Wrap: Serum Institute's Poonawalla and Advent hot on the charts

In the second week of February, the technology, media and telecom sector continued to populate the charts which were otherwise...

Canada's CPPIB Q3 net assets rise to C$475.7 bn

Finance

12 February, 2021

Canada's CPPIB Q3 net assets rise to C$475.7 bn

The Canada Pension Plan Investment Board (CPPIB) said on Thursday it ended the third quarter with net assets of C$475.7 ......

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Local funds clock higher returns, live longer than emerging market peers: Report

Finance

11 February, 2021

Local funds clock higher returns, live longer than emerging market peers: Report

Domestic private equity and venture capital funds have displayed a higher internal rate of return (IRR) than their peers in ......

SEBI drops fraud charges, fines NSE, two ex-CEOs in co-location case

Finance

11 February, 2021

SEBI drops fraud charges, fines NSE, two ex-CEOs in co-location case

The Securities Exchange Board of India (SEBI) has fined the National Stock Exchange (NSE) for failing to provide ‘fair and...

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Piramal Realty takes out big loan from housing finance firm

Finance

11 February, 2021

Piramal Realty takes out big loan from housing finance firm

The real estate arm of Piramal Group has taken out a big loan from a housing finance company. Mumbai-based Piramal Realty ......

Iron Pillar co-founder Sameer Nath starts up again with TrueScale Capital

Finance

11 February, 2021

Iron Pillar co-founder Sameer Nath starts up again with TrueScale Capital

Sameer Nath, co-founder of Iron Pillar, has floated his own mid-stage focused investment firm TrueScale Capital. The development...

New Development Bank to invest in NIIF's fund of funds

Finance

11 February, 2021

New Development Bank to invest in NIIF's fund of funds

New Development Bank (formerly Brics Development Bank) has committed $100 million (Rs 727.6 crore) to the Fund of Funds managed...

Adar Poonawalla owned firm to buy controlling stake in non-bank lender Magma Fincorp

Finance

10 February, 2021

Adar Poonawalla owned firm to buy controlling stake in non-bank lender Magma Fincorp

Serum Institute CEO Adar Poonawalla owned Rising Sun Holdings is acquiring a controlling stake in non-bank lender Magma Fincorp...

KKR tailors compensation to include higher variable component

Finance

10 February, 2021

KKR tailors compensation to include higher variable component

KKR has changed its compensation structure to include a higher variable component, which the firm feels will enhance transparency...

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