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

I Squared Capital aims to raise $6.5 bn in new infra fund

Finance

09 August, 2017

I Squared Capital aims to raise $6.5 bn in new infra fund

Infrastructure investor I Squared Capital aims to raise as much as $6.5 billion in a new global fund to tap ......

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How the super-rich are distorting merchant banks' IPO price discovery efforts

Finance

09 August, 2017

How the super-rich are distorting merchant banks' IPO price discovery efforts

When hypermarket chain D-Mart made its debut on the stock markets in March this year, its shares doubled on the ......

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Competition has reduced I-banking fee to unviable levels: SBI Cap's Sadanandan

Finance

08 August, 2017

Competition has reduced I-banking fee to unviable levels: SBI Cap's Sadanandan

Since Narayanan Sadanandan took over as the executive vice-president and head-capital markets group at SBI Capital Markets Ltd two and ......

Bank of India looking to raise $98 mn by paring STCI Finance stake

Finance

07 August, 2017

Bank of India looking to raise $98 mn by paring STCI Finance stake

As part of its efforts to sell non-core assets, public sector lender Bank of India plans to raise Rs 626 ......

State-run reinsurance firm GIC Re files for IPO

Finance

07 August, 2017

State-run reinsurance firm GIC Re files for IPO

State-owned reinsurance firm General Insurance Corporation of India (GIC Re) on Monday filed its draft red herring prospectus with the ......

SoftBank first-quarter profit surges 50% after inclusion of Vision Fund

Finance

07 August, 2017

SoftBank first-quarter profit surges 50% after inclusion of Vision Fund

Japan's SoftBank Group Corp on Monday reported a 50.1 percent rise in first-quarter operating profit, after the company included Vision ......

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IDFC Alternatives plans more exits from first infra fund's portfolio

Finance

07 August, 2017

IDFC Alternatives plans more exits from first infra fund's portfolio

IDFC Alternatives Ltd, the private equity arm of IDFC Ltd, plans to exit four companies by next year from its ......

KKR-backed Avendus Capital floats $40 mn structured credit fund

Finance

04 August, 2017

KKR-backed Avendus Capital floats $40 mn structured credit fund

Avendus Finance Pvt. Ltd, the credit solutions arm of investment banking firm Avendus Capital Pvt. Ltd, has launched a Rs ......

General Atlantic to pick up majority stake in Karvy Computershare

Finance

04 August, 2017

General Atlantic to pick up majority stake in Karvy Computershare

US-headquartered private equity firm General Atlantic LLC has agreed to pick up a majority stake in Hyderabad-based share registry Karvy ......

Carlyle, Apollo Global report strong Q2 earnings; attract more money

Finance

03 August, 2017

Carlyle, Apollo Global report strong Q2 earnings; attract more money

Buyout firm Carlyle Group LP on Wednesday posted quarterly earnings that topped expectations while rival Apollo Global Management LLC's profits ......

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