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Blume Ventures eyes $50M for second VC fund
Blume Ventures, one of the most active seed stage investors in India, is planning to launch its new venture capital ......
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Milestone Capital aims at first close of new realty fund by mid-2014
Milestone Capital Advisors, the home-grown private equity firm, is planning to launch its commercial real estate dedicated private equity fund, ......
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Mayfield reaches $86M for second India fund
Mayfield Fund, one of the oldest venture capital firms from Silicon Valley, has reached $86 million for its second India-focused ......
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RBI says companies can swap overseas borrowings into equity at forex rate prevailing on date of conversion
The Reserve Bank of India (RBI) said companies can swap their overseas loans or other payables such as fees and ......
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Creador expects to commit 15% of its second PE fund in India
Private equity firm Creador is aiming to complete mopping up money for its second fund worth $250 million within three-four ......
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RBI introduces incremental provisioning for bank loans to firms with unhedged foreign currency exposures
The central bank has decided to introduce incremental provisioning and capital requirements for banks having exposure to firms with unhedged ......
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ArthVeda to launch new funds for construction, agriculture
ArthVeda Fund Management (AVFM), the fund management arm of the private housing finance firm Dewan Housing Finance Ltd, is launching a niche ......
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Blackstone-backed Financial Technologies hit by class action suit related to NSEL fraud
Modern India and three other investors have filed a class action lawsuit in the Bombay High Court (HC) against Financial ......
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World Bank estimates India's GDP to grow 6.2% in FY15, 7.1% in FY17
The World Bank came up with a positive outlook for global economic growth raising its expectation for GDP growth in ......
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Govt kicks off process to sell stake in Axis Bank
The government has invited bids from nine investment bankers to offload part of the stake it holds in private sector ......
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