Finance
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Finance
Piramal Enterprises forms joint venture with Bain for asset reconstruction biz
Piramal Enterprises Ltd said on Thursday it has entered into a joint venture agreement with Bain Capital Credit India Investments ......
Finance
IFC invests $20 mn in mortgage lender Aavas Financiers
International Finance Corporation has invested Rs 130 crore ($20 million) in Jaipur-based Aavas Financiers Ltd to extend housing loans to ......
Finance
Blackstone raising at least $3 bn in first Asia private equity fund
Blackstone Group LP is seeking to raise up to $3 billion in its first Pan-Asia buyout fund for investments in ......
Finance
Sumitomo Mitsui Trust Bank exits Reliance Capital
Japan’s Sumitomo Mitsui Trust Bank Ltd on Wednesday sold its entire stake in Anil Ambani-controlled Reliance Capital Ltd, exiting its ......
Finance
Banks face $37 bn hit from top 50 stressed assets, says CRISIL
Indian banks may have to write off 60 percent of the value of bad loans from their 50 large stressed ......
Finance
PE-backed firm in advanced talks for Religare's housing finance arm
Religare Enterprises Ltd has received interest for its housing finance arm from a potential buyer that is backed by a ......
Finance
How bets on Uber and other unicorns hurt mutual fund giant Fidelity
Fidelity's bets on unicorn companies, the rare private firm or startup that grows in value to at least $1 billion, ......
Finance
KKR files for bankruptcy against Amtek Global; Blackstone buys Carnival property
Private equity giant KKR has initiated bankruptcy proceedings against the Singaporean subsidiary of debt-laden auto component manufacturer Amtek Auto Ltd, ......
Finance
Sumitomo Mitsui Trust Bank to exit Reliance Capital
Japan’s Sumitomo Mitsui Trust Bank Ltd will sell its entire stake in Anil Ambani-controlled Reliance Capital Ltd, exiting its two-year-old ......
Finance
Essel Finance arm to acquire part of Intec Capital's loan portfolio
Essel Finance Business Loans Ltd, the non-banking finance arm of Essel Finance Ltd, said on Tuesday it plans to acquire ......
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