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Indian startups raking it in from money parked in mutual funds; ‘other income' up 31%

Finance

03 March, 2020

Indian startups raking it in from money parked in mutual funds; ‘other income' up 31%

Indian technology startups generated a neat treasury income, or income from investment of surplus cash pumped in by investors,...

Finance

03 March, 2020

Bankruptcy tribunal okays state-owned NBCC's bid for Jaypee Infratech

The National Company Law Tribunal on Tuesday approved the proposal of state-owned construction firm NBCC (India) Ltd to acquire...

Finance

03 March, 2020

CVC Capital seeks up to $22 bn for new buyout fund

CVC Capital Partners Ltd is looking to raise up to 20 billion euros ($22 billion) for its latest flagship buyout ......

Finance

03 March, 2020

Swiss asset manager responsAbility backs Ess Kay Fincorp via debt financing

Ess Kay Fincorp Ltd, a non-banking financial company that focusses on the commercial vehicle and small business segments, has...

Finance

03 March, 2020

HSA Advocates ropes in partner from Khaitan Legal Associates for BFSI practice

Full-service law firm HSA Advocates has appointed Sharmil Bhushan as a new partner for its banking, financial services, and insurance...

Finance

03 March, 2020

Jack Welch, who led GE's rapid expansion, dies at 84

Jack Welch, who upended the business world in the 1980s and 1990s by transforming General Electric Co from a stolid ......

Finance

03 March, 2020

India retail banking a ‘nice oasis' for HSBC, other foreign lenders

Outsized returns in India, besting local lenders for the first time in a decade, are emboldening banks such as Citigroup, ......

Finance

03 March, 2020

SoftBank's Masayoshi Son vows to be more careful after WeWork, other bets sour

SoftBank Group Corp Chief Executive Masayoshi Son, under pressure from hedge fund Elliott Management to rein in his mercurial...

Finance

02 March, 2020

Equitas Small Finance Bank, True North-backed Home First get SEBI nod for IPO

Equitas Small Finance Bank, True North-backed Home First Finance Company India Ltd (HFFC) and state-run Indian Railway Finance...

Finance

02 March, 2020

PE-backed SBI Cards' IPO crosses one-third mark on first day

The initial public offering of SBI Cards & Payment Services Ltd crossed the one-third mark on the first day of ......

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