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Indian PE-VC firms' dry powder soars as LPs commit record Rs 1 tn in 2019

Finance

14 February, 2020

Indian PE-VC firms' dry powder soars as LPs commit record Rs 1 tn in 2019

Limited Partners (LPs) committed a record Rs 1 trillion ($14 billion) in fresh money to Indian private equity and venture ......

Meet Rishi Sunak, Narayana Murthy's son-in-law and Britain's new finance minister

Finance

14 February, 2020

Meet Rishi Sunak, Narayana Murthy's son-in-law and Britain's new finance minister

Five years ago, Britain's new finance minister Rishi Sunak wasn't even a member of parliament. Now, he is running the...

Royal Bank of Scotland to slash investment bank, rebrand as NatWest

Finance

14 February, 2020

Royal Bank of Scotland to slash investment bank, rebrand as NatWest

Royal Bank of Scotland's new Chief Executive Alison Rose unveiled a new strategy for the taxpayer-backed bank on Friday, including...

Parampara Capital co-founders float second VC fund under new vehicle

Finance

13 February, 2020

Parampara Capital co-founders float second VC fund under new vehicle

The co-founders of venture capital firm Parampara Capital, which had roped in the private equity arm of IDFC group as ......

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An Indian firm enters bankruptcy every four hours, but that's not the only worrying trend

Finance

13 February, 2020

An Indian firm enters bankruptcy every four hours, but that's not the only worrying trend

The number of companies dragged into bankruptcy courts jumped over the last two quarters, as creditors pressed the pedal to ......

JC Flowers, three others show interest in investing in Yes Bank

Finance

13 February, 2020

JC Flowers, three others show interest in investing in Yes Bank

New York-based private equity investor JC Flowers & Co. LLC and three other firms have evinced interest in putting money ......

KKR raises $1.3 bn for global impact investing fund

Finance

12 February, 2020

KKR raises $1.3 bn for global impact investing fund

Private equity firm KKR & Co. Inc has raised $1.3 billion for a global impact fund, as it joins peers ......

Retail inflation quickens in January; industrial output shrinks in December

Economy

12 February, 2020

Retail inflation quickens in January; industrial output shrinks in December

India’s retail inflation accelerated to 7.59% in January, government data showed on Wednesday. January inflation was...

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Investcorp, OIJIF stare at weak returns in IPO-led partial exit from portfolio firm

Finance

12 February, 2020

Investcorp, OIJIF stare at weak returns in IPO-led partial exit from portfolio firm

Mid-market private equity firms Investcorp and Oman India Joint Investment Fund (OIJIF), besides Build India Capital, are looking...

SoftBank scales back second Vision Fund as first fund's loss wipes out group profit

Finance

12 February, 2020

SoftBank scales back second Vision Fund as first fund's loss wipes out group profit

Japan’s SoftBank Group Corp said on Wednesday its third-quarter operating profit fell 99%, well short of analyst estimates,...

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