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Recap 2015: PE investment in financial services hits three-year high
Private equity investors, who have been consistently backing banking and financial services companies in India, did not disappoint this year ......
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Amitabh Kant named NITI Aayog CEO
The government has appointed Amitabh Kant, secretary in the Department of Industrial Policy and Promotion, as the new CEO of ......
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Infy-backed Vertex Ventures raises $151M in debut VC fund
California-based Vertex Ventures (not the same as Temasek's VC arm that also operates under a similar name) has raised $151 ......
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Recap 2015: Angel, VC deals drive private investment higher
Early-stage funding took a new turn in 2015 as investments by angel and venture capital funds rose sharply, both in ......
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Max India gets court nod to split into three listed firms
Billionaire Analjit Singh-controlled diversified firm Max India Ltd said on Monday it has received approval from the Punjab and Haryana ......
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Mitsui to raise stake in Insurance JV with Murugappa for $133.5M
Japan's Mitsui Sumitomo Insurance Company Ltd has agreed to buy an additional 14 per cent stake in its Indian insurance ......
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Recap 2015: Action packed year for banking and financial services
The year 2015 saw major policy initiatives as well as internal restructuring in the banking, microfinance (MFI) and insurance sectors. ......
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Recap 2015: Euphoria meets reality as economy hits a speed bump
Well begun is half done, goes the saying. For the Indian economy, 2015 will be a year that began well ......
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Weak corporate balance sheets pose risks to banks, warns RBI
Indian companies’ declining profitability, high leverage and low debt servicing capacity poses a risk to the financial sector, the Reserve ......
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RBI to help startups manage foreign exchange transactions
The Reserve Bank of India (RBI) has created a helpline for startups to help them with their forex queries as ......
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