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IFC to invest $75M in Religare Enterprises

General

27 September, 2012

IFC to invest $75M in Religare Enterprises

Religare Enterprises is raising $75 million (Rs 400 crore) from World Bank arm IFC, according to a company statement. The ......

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Ventureast ropes in DFJ's Sateesh Andra for early-stage push

General

26 September, 2012

Ventureast ropes in DFJ's Sateesh Andra for early-stage push

Ventureast has roped in Sateesh Andra, former executive of Draper Fisher Jurvetson (DFJ) India, to lead its seed-stage investment push.Andra, ......

OPIC commits $100M in Everstone Capital's logistics park, to invest $35M in BanyanTree SME fund

General

26 September, 2012

OPIC commits $100M in Everstone Capital's logistics park, to invest $35M in BanyanTree SME fund

Indospace Logistics Parks, a joint venture between Everstone Capital and Canada-based Realterm Global, has received a commitment of $100 million ......

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Excedo Realty Fund aims to hit first close for its $110M domestic fund by October-end

General

26 September, 2012

Excedo Realty Fund aims to hit first close for its $110M domestic fund by October-end

Athamus Venture, the investment manager of Excedo Realty Trust-I, the realty dedicated fund, is looking to raise up to Rs ......

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State-run banks scramble to pamper HNIs with specialised facilities

General

26 September, 2012

State-run banks scramble to pamper HNIs with specialised facilities

Changing preferences and rising expectations of high net worth individuals (HNIs) have forced ageing public sector banks to chug along ......

Law firm Amarchand & Mangaldas ropes in former top SEBI exec as counsel

General

26 September, 2012

Law firm Amarchand & Mangaldas ropes in former top SEBI exec as counsel

Amarchand & Mangaldas & Suresh A. Shroff & Co has roped in former Securities and Exchange Board of India (SEBI) ......

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Rakesh Jhunjhunwala's Rare Enterprises looks to exit Pegasus ARC

General

25 September, 2012

Rakesh Jhunjhunwala's Rare Enterprises looks to exit Pegasus ARC

Ace Investor Rakesh Jhunjuhnwala’s private investment firm Rare Enterprises is looking at exiting from his five-year-old investment in Mumbai based ......

RBS buys 6.8% of SKS Microfinance for $10.8M

General

25 September, 2012

RBS buys 6.8% of SKS Microfinance for $10.8M

Royal Bank of Scotland has picked 6.8 per cent stake in SKS Microfinance, country’s erstwhile largest microfinance firm in a ......

IRDA to meet Finance Ministry to exempt tax on pension products

General

24 September, 2012

IRDA to meet Finance Ministry to exempt tax on pension products

The Insurance Regulatory and Development Authority (IRDA) would be approaching the finance ministry on Wednesday to allow investments made by ......

GDP growth in FY14: Set for a cyclical upturn

General

24 September, 2012

GDP growth in FY14: Set for a cyclical upturn

Over the last two years during our monthly visits to Delhi we have tried in vain to understand the UPA’s ......

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