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Local PE firm, hedge fund among anchor investors in Spandana Sphoorty's IPO

Finance

02 August, 2019

Local PE firm, hedge fund among anchor investors in Spandana Sphoorty's IPO

Hyderabad-based micorfinance lender Spandana Sphoorty Financial Ltd has attracted a set of prominent domestic and institutional...

Podcast: Are private equity firms really to blame for VG Siddhartha's death?

Finance

02 August, 2019

Podcast: Are private equity firms really to blame for VG Siddhartha's death?

Private equity firms have come under intense scrutiny ever since Café Coffee Day founder VG Siddhartha was found dead earlier...

Govt unveils capital infusion plan for housing finance companies

Finance

02 August, 2019

Govt unveils capital infusion plan for housing finance companies

India is infusing an additional 100 billion rupees in housing finance companies to boost lending in the sector, a government ......

Why India's $86-bn bank rescue effort isn't enough to ease the distress

Finance

02 August, 2019

Why India's $86-bn bank rescue effort isn't enough to ease the distress

It may not be quite a bottomless pit but the Indian government’s repeated injections of funds into the nation’s state-owned...

Explained: Why PE firms do debt deals and what leverage they really have over founders

Finance

02 August, 2019

Explained: Why PE firms do debt deals and what leverage they really have over founders

A note purportedly written by Café Coffee Day founder VG Siddhartha, who apparently committed suicide earlier this week,...

Venture Catalysts sets up $43 mn accelerator fund to back startups

Finance

01 August, 2019

Venture Catalysts sets up $43 mn accelerator fund to back startups

Venture Catalysts, a Mumbai-based startup incubation platform, has floated a fund with a corpus of Rs 300 crore ($43.44 million)...

Aviva plans to sell insurance business in India, other Asian countries

Finance

01 August, 2019

Aviva plans to sell insurance business in India, other Asian countries

British life and general insurer Aviva (AV.L) is looking to sell its Asia business, valuing the unit at more than ......

BlackRock raises $2 bn for global credit fund

Finance

01 August, 2019

BlackRock raises $2 bn for global credit fund

BlackRock Inc, the world's largest asset management firm, said on Wednesday it had raised $2 billion for its flagship opportunistic...

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Insurance in focus as dealmaking perks up in financial services sector in April-June

Finance

01 August, 2019

Insurance in focus as dealmaking perks up in financial services sector in April-June

India’s banking, financial services and insurance (BFSI) sector recorded two big mergers in the last two quarters that jacked...

Dutch development bank FMO plans $42 mn investment in Aavishkaar Venture

Finance

01 August, 2019

Dutch development bank FMO plans $42 mn investment in Aavishkaar Venture

FMO, the Netherlands’ development finance company, plans to make an investment of $42 million (about Rs 290 crore at current...

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