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Insurance firms can now park money in PE funds

General

26 August, 2013

Insurance firms can now park money in PE funds

Insurance Regulatory and Development Authority (IRDA) has opened the door for life insurance and general insurance companies to invest in ......

PE major TPG takes stake in Shriram City Union

General

26 August, 2013

PE major TPG takes stake in Shriram City Union

The US-based private equity investor TPG Capital has completed the process of taking a 22.65 per cent stake in consumer ......

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In queue for banking licence, Religare Finvest to further rebalance lending portfolio

General

26 August, 2013

In queue for banking licence, Religare Finvest to further rebalance lending portfolio

PE-backed Religare Finvest Ltd, the lending subsidiary of Religare Enterprises Ltd (REL) which generates over half of the top-line for ......

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Red Fort Capital looking to raise $1B realty fund for India

General

23 August, 2013

Red Fort Capital looking to raise $1B realty fund for India

Red Fort Capital is all set to initiate the process to raise its third real estate dedicated fund for India ......

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Venture debt lender IntelleGrow to reach book size of Rs 500Cr in 3-4 years, bets on clean energy

General

22 August, 2013

Venture debt lender IntelleGrow to reach book size of Rs 500Cr in 3-4 years, bets on clean energy

Venture debt lender IntelleGrow Finance Pvt Ltd (IGF) which is backed by Michael & Susan Dell Foundation (MSDF), is planning ......

Rupee hits 65.5 against dollar; market braces for higher inflation

General

22 August, 2013

Rupee hits 65.5 against dollar; market braces for higher inflation

Indian currency continued its downward slide and hit a new record low of 65.5 against US dollar, piling up pressure ......

Few clues on timing of QE3 reduction in Fed minutes

General

22 August, 2013

Few clues on timing of QE3 reduction in Fed minutes

A few Federal Reserve officials thought last month it would soon be time to slow the pace of their bond ......

Key takeaways from VCCircle Financial Services Summit 2013

General

21 August, 2013

Key takeaways from VCCircle Financial Services Summit 2013

Indian financial services sector provides significant opportunities for firms involved in the distribution of products but the intermediaries face heavy ......

Microfinance firm Janalakshmi raises $53M in Series D led by Morgan Stanley PE

General

22 August, 2013

Microfinance firm Janalakshmi raises $53M in Series D led by Morgan Stanley PE

Janalakshmi Financial Services Pvt Ltd, a microfinance institution based in Bangalore, has closed its Series D funding round worth Rs ......

GDP grew just 4.4% in Q1, below estimates

General

30 August, 2013

GDP grew just 4.4% in Q1, below estimates

India's economy grew at the slowest quarterly rate since the global financial crisis in the three months through June, lower ......

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