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IFC to invest up to $75M in PNB Housing via NCDs
International Finance Corporation (IFC), the private-sector lending arm of the World Bank, will provide up to $75 million to PNB ......
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Bupa to raise stake in JV with Max India to 49% for $29M
British health insurer Bupa Plc has agreed to increase its stake in its Indian joint venture with Max India Ltd ......
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Which PE firm bagged the most from IPO bonanza
Promoters and private equity investors took home more than a third of the total sum raked through initial public offerings ......
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RBI allows automatic approval for foreign investment in PE, VC funds
In an effort to further boost the investment environment in the country, Reserve Bank of India (RBI) issued a notification ......
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IIFL hits first close for maiden VC fund of funds
IIFL Holdings Ltd’s (formerly India Infoline) wealth management unit, IIFL Wealth Management Ltd, has achieved its first close for its ......
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IndusAge to raise $22.6M from family offices, ultra HNIs
IndusAge Partners, a Silicon Valley-based venture capital firm, is in advanced stage of hitting final close for its IndusAge Technology ......
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How the government staff pay bonanza may affect the economy
The Indian government’s proposed increase in staff salaries and pensions that will cost the exchequer Rs 1.02 lakh crore ($15.4 ......
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RBI approval mandatory for buying over 5% stake in private banks
Reserve Bank of India (RBI) has revised the guidelines for investors seeking to get significant shareholding of a private bank, ......
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Harvard professor-led panel suggests how India can aid entrepreneurship
India should announce prizes for innovations and overhaul the education system apart from taking a range of other initiatives to ......
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Modi pitches his reform agenda to Singapore investors
Promising more reforms to make India more attractive for foreign investments, Indian Prime Minister Narendra Modi on Tuesday assured investors ......