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MCX board asks Blackstone-backed Financial Technologies to cut stake
India's largest commodity exchange Multi Commodity Exchange of India Ltd or MCX has asked its promoter Financial Technologies India Ltd ......
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Dhanlaxmi Bank raises $10.8M through QIP
Kerala-based Dhanlaxmi Bank has raised Rs 67.2 crore ($10.8 million) by allotting 17.5 million equity shares at Rs 38.25 per ......
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SEBI allows infrastructure debt funds & NBFCs to file shelf prospectus for non-convertible debt securities
Market regulator Securities & Exchange Board of India (SEBI) has expanded the eligibility of firms which can come out with ......
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RBI warns against use of virtual currencies like Bitcoins
The Reserve Bank of India has cautioned the users, holders and traders of virtual currencies (including Bitcoins), about the potential ......
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HDFC Bank appoints Paresh Sukthankar as deputy MD
India’s second-largest private lender by assets and the top private bank by market capitalisation, HDFC Bank has appointed Paresh Sukthankar, ......
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Ashish Dhawan's advice to LPs: Don't time your market in India, stay invested
Ashish Dhawan is not a private equity investor anymore. The co-founder of ChrysCapital, an Indian private equity firm with over ......
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HDFC Mutual Fund to buy all eight schemes of Morgan Stanley in India
India’s largest mutual fund manager in terms of assets under management (AUM) HDFC Mutual Fund has entered into a definitive ......
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IFC raising up to $1.5B in new Asia fund, commits $200M
International Finance Corporation, the private sector lending arm of the World Bank, plans to float $1-1.5 billion IFC Asia Fund ......
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Yes Bank raises $150M from IFC to scale up SME loan portfolio
India’s fourth-largest private sector lender Yes Bank Ltd has raised $150 million from International Finance Corporation, the private sector lending ......
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Recap 2013: Top 5 funds raised during the year
Even as fundraising continues to remain tough, the top funds raised in 2013 contradict some of the perceptions regarding Indian ......
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