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Economy roundup: Hurdles remain for an interest rate cut

General

03 October, 2016

Economy roundup: Hurdles remain for an interest rate cut

As the Reserve Bank of India kicks off its bi-monthly review of the monetary policy this week, speculation is rife ......

RBI Monetary policy: Will Urjit Patel bite the bullet on interest rates?

General

03 October, 2016

RBI Monetary policy: Will Urjit Patel bite the bullet on interest rates?

On Monday, the newly constituted Monetary Policy Committee of the Reserve Bank of India will meet for the first time ......

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No. of PE funds LPs want to engage with declining: ICICI Venture's Prashant Purker

General

03 October, 2016

No. of PE funds LPs want to engage with declining: ICICI Venture's Prashant Purker

ICICI Venture has emerged as the top homegrown private equity firm by assets with close to $2 billion garnered across ......

Weekly deals tracker: Banking, finance firms lead the pack

General

01 October, 2016

Weekly deals tracker: Banking, finance firms lead the pack

The week saw Dutch financial services major ING dilute a part of its stake in Kotak Mahindra Bank via an ......

RBI proposes rules for Indian firms investing in overseas funds to back startups

General

30 September, 2016

RBI proposes rules for Indian firms investing in overseas funds to back startups

The Reserve Bank of India on Friday proposed rules for Indian companies looking to invest in startups outside the country ......

Kotak Mahindra Bank acquires BSS Microfinance

General

30 September, 2016

Kotak Mahindra Bank acquires BSS Microfinance

Kotak Mahindra Bank Ltd (Kotak) has acquired BSS Microfinance Pvt. Ltd (BSS) for Rs 139.2 crore ($21 million) in cash, ......

Utkarsh Micro Finance raises $60 mn from RBL Bank, Faering Capital and others

General

30 September, 2016

Utkarsh Micro Finance raises $60 mn from RBL Bank, Faering Capital and others

Varanasi-based Utkarsh Micro Finance Pvt. Ltd has raised fresh capital of Rs 395 crore ($60 million) from several domestic institutional ......

Will SEBI sops for foreign portfolio investors help attract funds?

General

30 September, 2016

Will SEBI sops for foreign portfolio investors help attract funds?

The Securities and Exchange Board of India (SEBI) is reportedly considering allowing foreign portfolio investors (FPIs) to invest directly in ......

Tanmay Amar joins Omidyar as general counsel from Sequoia

General

30 September, 2016

Tanmay Amar joins Omidyar as general counsel from Sequoia

Legal counsel at venture capital firm Sequoia Capital Tanmay Amar has put in his papers to join the Indian arm ......

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Shubham Housing hires banker to raise PE funding

General

30 September, 2016

Shubham Housing hires banker to raise PE funding

Shubham Housing Development Finance Company Pvt. Ltd has started a process to raise its fourth round of private funding, as ......

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