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KKR to buy Chennai-based NBFC Motichand Finance

General

18 December, 2013

KKR to buy Chennai-based NBFC Motichand Finance

Investment major KKR & Co is picking up a 100 per cent stake in Chennai-based non-banking finance company, Motichand Finance ......

Belgium's Incofin launches $200M fund for financing small farmers

General

18 December, 2013

Belgium's Incofin launches $200M fund for financing small farmers

New Delhi: Incofin Investment Management, a Belgium-based manager of microfinance investment funds, is looking to raise $200 million for its new agRIF ......

SEBI soon to make IPO grading voluntary

General

18 December, 2013

SEBI soon to make IPO grading voluntary

Capital markets regulator Securities and Exchange Board of India (SEBI) is likely to make the initial public offer (IPO) grading ......

Kochi-based Islamic NBFC Cheraman Financial to launch $40M VC fund

General

18 December, 2013

Kochi-based Islamic NBFC Cheraman Financial to launch $40M VC fund

Cheraman Financial Services Ltd (CFSL), a Kochi-based Sharia-compliant non-banking finance company (NBFC), has received market regulator SEBI’s approval to launch ......

RBI surprises markets by skipping rate hike

General

18 December, 2013

RBI surprises markets by skipping rate hike

The Indian central bank surprised markets again by holding key policy rates in its mid-quarter monetary policy review on Wednesday ......

Blackstone to increase stake in MCX to 4.99%, may become top institutional shareholder

General

18 December, 2013

Blackstone to increase stake in MCX to 4.99%, may become top institutional shareholder

Private equity giant Blackstone will pick up 3 more per cent stake in Multi-Commodity Exchange of India (MCX) through market ......

Future Retail seals minority stake sale in life insurance venture to IITL

General

17 December, 2013

Future Retail seals minority stake sale in life insurance venture to IITL

Kishore Biyani-led Future Group has sold 22.5 per cent stake in Future Generali India Life Insurance Company Ltd to Industrial ......

Reliance, Bharti among corporate houses creating electoral trusts for political funding

General

17 December, 2013

Reliance, Bharti among corporate houses creating electoral trusts for political funding

Top corporate houses, including Reliance Group and Birla Group, have created new ‘Electoral Trusts’ in their names to offer funds ......

RBI moots leveraged buyouts for acquisition of ‘stressed companies'

General

17 December, 2013

RBI moots leveraged buyouts for acquisition of ‘stressed companies'

The Reserve Bank of India has proposed major changes aimed at restructuring of stressed assets in the system which may ......

IFC to back Abraaj Capital's $1B emerging markets healthcare fund

General

17 December, 2013

IFC to back Abraaj Capital's $1B emerging markets healthcare fund

International Finance Corp, the private sector lending arm of World Bank group, has committed to back Dubai-headquartered private equity firm ......

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