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Piramal to launch new $125M domestic realty fund

General

27 May, 2014

Piramal to launch new $125M domestic realty fund

Piramal Enterprises’ newly created private equity and debt investment platform for real estate Piramal Fund Management is looking to raise ......

Which minister said what on day 1

General

27 May, 2014

Which minister said what on day 1

The 45-member ministerial team under newly anointed Prime Minister Narendra Modi took charge on Tuesday. While there was profit booking ......

Coller's Kutty Dutta joins HSBC Alternative Investments

General

27 May, 2014

Coller's Kutty Dutta joins HSBC Alternative Investments

British multinational bank HSBC’s private equity and hedge fund arm HSBC Alternative Investments Ltd (HAIL) has hired Kutty Dutta as ......

RBI allows three more firms including BTI Payments, Srei Infra to set up white-label ATMs

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27 May, 2014

RBI allows three more firms including BTI Payments, Srei Infra to set up white-label ATMs

The Reserve Bank of India has issued certificate of authorisation to three non-banking finance companies, including private equity-backed payments services ......

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Omidyar to invest $20M in India this year

General

27 May, 2014

Omidyar to invest $20M in India this year

Omidyar Network, the philanthropic venture investment firm set by co-founder of eBay, is looking to back around half a dozen ......

RBI asks Kotak Mahindra Bank to cut promoters' stake to 40% by September 2014

General

27 May, 2014

RBI asks Kotak Mahindra Bank to cut promoters' stake to 40% by September 2014

The Reserve Bank of India (RBI) has directed the private sector lender Kotak Mahindra Bank Ltd to reduce its promoter ......

Piramal combines realty lending and PE firm Indiareit under Piramal Fund Management

General

27 May, 2014

Piramal combines realty lending and PE firm Indiareit under Piramal Fund Management

Piramal Enterprises’ financial services arm Piramal Capital has combined its real estate private equity fund management business known as Indiareit ......

Arun Jaitley is new FM, Rajnath Singh gets home; meet India's new ministers

General

27 May, 2014

Arun Jaitley is new FM, Rajnath Singh gets home; meet India's new ministers

The Narendra Modi-led government allocated portfolios to its 45-member team sticking to the script with Arun Jaitley getting finance, corporate ......

Prior RBI nod required for M&As related to NBFCs

General

26 May, 2014

Prior RBI nod required for M&As related to NBFCs

The central bank has said merger & acquisitions (M&As) involving non-banking finance companies (NBFCs) would need its prior written permission, ......

TPG Capital raises $3.3B in Asia buyout fund

General

26 May, 2014

TPG Capital raises $3.3B in Asia buyout fund

Global private equity firm TPG Capital has raised $3.3 billion in its sixth Asia-focused buyout fund, media reports citing top ......

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