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Economy round-up: Drought plan in offing; Parliament may meet sooner to pass GST bills

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19 September, 2016

Economy round-up: Drought plan in offing; Parliament may meet sooner to pass GST bills

The central government will next month unveil a plan to fight drought that will involve the ministries of rural development, ......

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19 September, 2016

Difficult to get PE exits in India? It's a myth, says Renuka Ramnath

Dismissing the perception among a set of investors that India is a difficult market to secure exits from, Renuka Ramnath, ......

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17 September, 2016

ICICI Prudential Life raises $244 mn from anchor investors

ICICI Prudential Life Insurance Co. Ltd on Friday raised about Rs 1,636 crore ($244 million) by selling shares to 38 ......

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16 September, 2016

Multiples PE closes third deal from second fund

Multiples Alternate Asset Management Pvt. Ltd has struck its third deal from its second sector-agnostic fund, a top company executive ......

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16 September, 2016

IFC to invest $40 mn in microlender Ujjivan Financial via debt

International Finance Corporation (IFC) will invest up to $40 million (about Rs 268 crore) in Bengaluru-based microfinance firm Ujjivan Financial ......

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16 September, 2016

Economy round-up: Global stimulus plans to boost exports; monetary policy panel soon

India will use stimulus programmes of major economies to boost domestic industry and strengthen exports, commerce minister Nirmala Sitharaman has ......

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16 September, 2016

HDFC Capital hits final close of maiden fund at nearly $750 mn

HDFC Capital Advisors Ltd, the real estate asset management arm of mortgage lender Housing Development Finance Corporation (HDFC), has struck ......

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15 September, 2016

Hero FinCorp raises $105 mn from ChyrsCapital, Credit Suisse

Non-banking financial company (NBFC) Hero FinCorp Ltd said on Thursday it has raised Rs 702 crore ($105 million) from private ......

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15 September, 2016

Renuka Ramnath-led Multiples PE's AUM crosses $1 bn post closure of second fund

Indian private equity firm Multiples Alternate Asset Management Pvt. Ltd has wrapped up the fundraising process for its second fund, ......

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15 September, 2016

Rupee drops on devaluation report; govt denies move

The rupee almost went into a freefall on Thursday after a news channel reported that the commerce ministry was set ......

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