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Actis names Shami Nissan director of Responsible Investment team
Pan-emerging markets private equity firm Actis has appointed Shami Nissan as a director in the Responsible Investment team. She is ......
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Carlyle exits Repco Home Finance; scores 9x return on last tranche worth $78.4M
Private equity firm Carlyle group LP has fully exited its investment in housing finance company Repco Home Finance for Rs ......
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SEBI fine-tunes draft regulations for Infrastructure Investment Trusts
Securities market regulator SEBI has come out with more elaborate draft regulations for setting up Infrastructure Investment Trusts (InvITs) which ......
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PE-backed South Indian Bank may raise up to $3.3M via QIP
Private lender South Indian Bank has said that its board has approved a proposal to raise up to Rs 20 ......
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City Union Bank raises $58M through QIP
Private sector lender City Union Bank has raised Rs 350 crore ($58 million) via Qualified Institutional Placement (QIP). The issue ......
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FTIL sells 4% more in MCX for around $26M
Financial Technologies (India) Ltd sold 4 per cent additional stake in Multi Commodity Exchange of India Ltd (MCX) through a ......
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North East-focused microlender RGVN raises $7M from NMI, Oikocredit & others
Guwahati-based microfinance institution RGVN (North East) Microfinance Ltd (RGVNMFL) has raised Rs 41.8 crore ($7 million) from Norway’s Norwegian Microfinance ......
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Cabinet clears 49% FDI in insurance with Indian control
The Cabinet on Thursday gave go-ahead to Foreign direct investment (FDI) cap hike in insurance to 49 per cent with ......
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Sensex, Nifty at record closing high as mkts rise for 7th day
The benchmark Sensex on Wednesday rose 121 points to end at a new closing high of 26,147.33 extending its winning ......
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RBI working on system for exit by businesses facing bankruptcy
In the absence of a good bankruptcy code in India, Reserve Bank is working on a system to enable entrepreneurs ......
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