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News Roundup: Hong Kong's Bravia Capital Eyes Kingfisher Stake

General

08 December, 2011

News Roundup: Hong Kong's Bravia Capital Eyes Kingfisher Stake

Ocean Sparkle May Buy Tag With SBI Macquarie Backing - SBI Macquarie may back port operations company Ocean Sparkle’s acquisition ......

Barclays To Scale Down Retail Banking In India

General

07 December, 2011

Barclays To Scale Down Retail Banking In India

Britain's Barclays Plc (BARC.L) will abandon retail lending in India to focus on wealth management and corporate and investment banking, ......

SKS Microfinance Caps Return On Assets At 3%; Arm For Non-MFI Biz

General

07 December, 2011

SKS Microfinance Caps Return On Assets At 3%; Arm For Non-MFI Biz

India's largest microfinance lender SKS Microfinance Ltd has capped its return on assets for the microfinance business at 3 per ......

Former Lone Pine, Goldman Execs Plan $1B Asia Hedge Fund

General

07 December, 2011

Former Lone Pine, Goldman Execs Plan $1B Asia Hedge Fund

Eashwar Krishnan, a former analyst at hedge fund Lone Pine, and Tanvir Ghani, former head of capital introduction for Asia-Pacific ......

Citi Cuts 4,500 Jobs, Will Take $400M Charge

General

07 December, 2011

Citi Cuts 4,500 Jobs, Will Take $400M Charge

Citigroup Inc is cutting 4,500 jobs worldwide, Chief Executive Vikram Pandit said on Tuesday, becoming the latest large bank to ......

News Roundup: Deccan Chronicle To Buy Future Capital For Rs 700Cr

General

07 December, 2011

News Roundup: Deccan Chronicle To Buy Future Capital For Rs 700Cr

Deccan Chronicle To Buy Future Capital For Rs 700Cr - Retail entrepreneur Kishore Biyani will seek to put an end ......

Dewan Housing Unit To Raise $40M Real Estate Fund

General

06 December, 2011

Dewan Housing Unit To Raise $40M Real Estate Fund

ArthVeda Fund Management, a unit of Dewan Housing Finance Corp. (DWNH.NS) said on Tuesday it plans to raise 2 billion ......

StanChart To Buy Bulk Of Barclays' India Cards Biz

General

06 December, 2011

StanChart To Buy Bulk Of Barclays' India Cards Biz

Standard Chartered has agreed to buy more than half of Barclays' Indian credit card portfolio at a discount to its ......

August Capital Raising $25M Early-stage Fund; Backs Etable

General

06 December, 2011

August Capital Raising $25M Early-stage Fund; Backs Etable

Early-stage venture capital firm August Capital Partners is raising $25 million for its maiden fund, which will look to invest ......

News Roundup: IDFC PE, SBI Caps May Buy 12% In Atlanta Unit

General

06 December, 2011

News Roundup: IDFC PE, SBI Caps May Buy 12% In Atlanta Unit

IDFC PE, SBI Caps May Buy 12% In Atlanta Unit - IDFC Private Equity and SBI Capital Markets may pick ......

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