Finance

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Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage

Finance

26 December, 2019

Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage

Blackstone Group Inc., Warburg Pincus and several other private equity firms in India sniffed investment opportunities this year...

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Finance

26 December, 2019

Flashback 2019: Bank mergers, NBFC woes, PE deals keep financial sector in spotlight

India’s banking, financial services and insurance sector went through a roller coaster ride in 2019, as the government launched...

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Finance

26 December, 2019

Flashback 2019: VCs snag record sum as PE firms toil hard to cross finish line

Global and domestic Limited Partners (LPs), or institutional investors and affluent individuals, pumped a record amount of money...

Finance

26 December, 2019

RBI sees corporate governance ‘fault lines' at some lenders

Growing problems of corporate governance are emerging at India's private banks and all lenders are at risk of rising default...

Finance

24 December, 2019

IFCI sells bulk of its stake in National Stock Exchange

State-owned development finance institution IFCI Ltd said on Tuesday it has divested most of its 2.44% stake in the National ......

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Finance

24 December, 2019

Flashback 2019: Stressed assets remain in focus on rising bankruptcies, new challenges

When everything else fails, pray. At least that’s what State Bank of India chairman Rajnish Kumar seems to believe. “Every...

Finance

23 December, 2019

Adams Street Partners raises $740 mn for new global fund

Adams Street Partners, a US-based private markets investment manager, has mobilised $740 million in capital commitments for its...

Finance

20 December, 2019

Govt may allow pension fund watchdog to regulate all pension products

The finance ministry has approved in principle making the Pension Fund Regulatory and Development Authority (PFRDA) the sole regulator...

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Finance

20 December, 2019

Hedge fund Abakkus picks up stake in Fairfax-backed securities broking firm

Hedge fund Abakkus Asset Manager LLP has bought a minority stake in a Mumbai-based securities broking and investment banking firm...

Finance

20 December, 2019

How pricey food items limit scope for RBI to make more rate cuts

India’s volatile food prices are yet again posing a sticky inflation problem for its central bank, preventing it from cutting...

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