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SEAF India Agribusiness Fund closed fundraising at over $40M, aims 3 more deals by year end
Small Enterprise Assisted Fund (SEAF), an emerging markets-focused investment firm targeting SMEs, closed fund raising for its maiden India focused ......
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CX Partners eyes final close of mezzanine fund at little over $100M, to hit road for 2nd PE fund within nine months
Private equity firm CX Partners is looking to make a final close of its new mezzanine investment fund CX Intermediate ......
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Freshfields appoints Linklaters' Singapore partner Arun Balasubramanian as India group co-head
UK-based Freshfields Bruckhaus Deringer LLP has appointed Linklaters’ Singapore partner Arun Balasubramanian to co-head its Indian group.Balasubramanian joined Linklaters’ London ......
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India seeks NRI flows for rupee defence, not sovereign bond
The government aims to call on its millions of non-resident citizens to help reverse a record slide in the rupee, ......
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Blackstone eyes Singapore IPO for Moser Baer Projects
Blackstone Group and MBK Partners plan Singapore initial public offerings for assets the private equity companies separately own in Taiwan ......
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Former Goldman director Rajat Gupta fined, banned in SEC case
Former Goldman Sachs Group Inc. director Rajat Gupta was ordered to pay a $13.9 million civil penalty and banned from ......
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HDFC Bank net profit up 30%, bad loans rise
HDFC Bank posted on Wednesday a 30 percent rise in first-quarter net profits, in line with expectations, boosted by higher ......
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RBI to help mutual funds facing surge in redemptions
The RBI said on Wednesday that it would provide asset managers with critical access to special funding as the sector ......
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Foreign investment rules relaxed for various sectors
The government relaxed foreign direct investment (FDI) rules on Tuesday in a broad swathe of industries including telecoms, single brand retail ......
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India makes risky bet with rupee defence
India's boldest attempt yet to prevent a rout in the rupee delivered only a modest lift in the currency but ......