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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 ......
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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
ICICI Venture has emerged as the top homegrown private equity firm by assets with close to $2 billion garnered across ......
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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 ......
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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 ......
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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, ......
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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 ......
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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 ......
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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
Shubham Housing Development Finance Company Pvt. Ltd has started a process to raise its fourth round of private funding, as ......