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Fulcrum Venture India makes first close of second fund just short of $10M

General

31 October, 2013

Fulcrum Venture India makes first close of second fund just short of $10M

Early stage investor Fulcrum Venture India (FVI) has achieved first close of its second investment fund at Rs 60 crore ......

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Anand Rathi's investment banking CEO Praveen Chakravarty quits

General

31 October, 2013

Anand Rathi's investment banking CEO Praveen Chakravarty quits

Praveen Chakravarty has resigned as CEO of Mumbai-based financial services group Anand Rathi, said sources familiar with the development. Chakravarty joined ......

New banking licence panel schedules its first meet on November 1

General

29 October, 2013

New banking licence panel schedules its first meet on November 1

The external committee chaired by former Reserve Bank of India (RBI)  governor Bimal Jalan that will vet applications for new ......

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OPIC looking to increase investments in emerging market PE funds

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29 October, 2013

OPIC looking to increase investments in emerging market PE funds

Overseas Private Investment Corporation (OPIC), the US government’s development finance institution, is looking to ramp up investments in emerging market ......

RBI remains hawkish, raises repo rate by 25 bps to 7.75%

General

29 October, 2013

RBI remains hawkish, raises repo rate by 25 bps to 7.75%

The Indian central bank continued its hawkish stance on fighting inflation with 25 basis points hike in repo rate, or ......

Gaja Capital eyes first close of new $250M fund by year end; IFC commits up to $25M

General

05 November, 2013

Gaja Capital eyes first close of new $250M fund by year end; IFC commits up to $25M

Gaja Capital Partners, a mid-market private equity firm known for its investments in the education sector, is raising $250 million ......

LotusPool Fund I targeting $125M; IFC to invest $15M

General

28 October, 2013

LotusPool Fund I targeting $125M; IFC to invest $15M

International Finance Corporation is looking to invest $15 million in LotusPool Fund I, a private equity fund targeting buyout deals ......

SBI to invest in credit bureau Equifax Credit Information Services

General

28 October, 2013

SBI to invest in credit bureau Equifax Credit Information Services

The country's largest lender State Bank of India (SBI) is investing an undisclosed amount in credit bureau Equifax Credit Information ......

ICICI Bank's PAT rises 20%; overall group sees 13% increase in net profit in Q2

General

25 October, 2013

ICICI Bank's PAT rises 20%; overall group sees 13% increase in net profit in Q2

ICICI Bank posted a 20 per cent rise in standalone net profit to Rs 2,352 crore for the quarter ended ......

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Mid-size deals in Indo-Japan corridor would be a sweet spot for ICICI Securities and GCA Savvian

General

25 October, 2013

Mid-size deals in Indo-Japan corridor would be a sweet spot for ICICI Securities and GCA Savvian

ICICI Securities, the investment banking arm of ICICI Bank, has signed a deal with Japan’s GCA Savvian to partner for ......

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