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Redcliffe's Dheeraj Jain set to launch $50 mn early-stage fund

General

22 September, 2016

Redcliffe's Dheeraj Jain set to launch $50 mn early-stage fund

Dheeraj Jain, director at London-based investment firm Redcliffe Capital, is set to launch a $50 million early-stage fund to invest ......

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ICICI Venture raises bulk of fourth sector-agnostic private equity fund

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22 September, 2016

ICICI Venture raises bulk of fourth sector-agnostic private equity fund

ICICI Venture, the private equity arm of India's largest private-sector lender ICICI Bank, has raised majority of its targeted corpus ......

Ambit's Holland to join Avendus with team; KKR-controlled I-bank eyes hedge fund play

General

22 September, 2016

Ambit's Holland to join Avendus with team; KKR-controlled I-bank eyes hedge fund play

Mumbai-based Avendus Capital has hired the entire top management of Ambit Investment Advisory that includes its CEO Andrew Holland and ......

What the US Fed's decision means for India

General

22 September, 2016

What the US Fed's decision means for India

On Wednesday, the US Federal Reserve decided to hold interest rates, but signalled that a rate hike in December was ......

Which colleges are India's top unicorn factories?

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22 September, 2016

Which colleges are India's top unicorn factories?

India is home to 10 unicorns—startups with a valuation of $1 billion or more. These companies started with mostly nothing...

Edelweiss to acquire Ambit Alpha hedge fund

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22 September, 2016

Edelweiss to acquire Ambit Alpha hedge fund

Financial services group Edelweiss has agreed to acquire Ambit Investment Advisors' flagship hedge fund, Ambit Alpha Fund, the two companies ......

Economy round-up: Fed holds rates; GST council to meet for first time

General

22 September, 2016

Economy round-up: Fed holds rates; GST council to meet for first time

The US Federal Reserve kept interest rates unchanged on Wednesday but hinted at tightening monetary policy by the end of ......

Aptus Value Housing Finance raises $40 mn from WestBridge, Caspian

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21 September, 2016

Aptus Value Housing Finance raises $40 mn from WestBridge, Caspian

Chennai-based Aptus Value Housing Finance India Ltd has raised Rs 270 crore (around $40 million) in a follow-up round from ......

Will railways lose its autonomy post the merger of rail & general budget?

General

21 September, 2016

Will railways lose its autonomy post the merger of rail & general budget?

The Union Cabinet on Wednesday approved a proposal to merge the railway and the general budgets. This will end a ......

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MAS Financial Services firms up plans to go public

General

21 September, 2016

MAS Financial Services firms up plans to go public

Ahmedabad-based non-banking finance company MAS Financial Services Ltd is firming up plans to take the firm public after several firms ......

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