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Max New York Life Gets IRDA Approval To Raise Capital From Axis Bank

General

11 May, 2011

Max New York Life Gets IRDA Approval To Raise Capital From Axis Bank

Private insurer Max New York Life will dilute four per cent stake by raising capital from its bancassurance partner Axis ......

Post-Fall, SKS Whips Off Gold Loan Carrot; Stock Hits Upper Circuit

General

11 May, 2011

Post-Fall, SKS Whips Off Gold Loan Carrot; Stock Hits Upper Circuit

Microfinance lender SKS Microfinance’s share is in hot demand right now. The scrip hit the upper circuit with price rising ......

News Roundup: Elbit Imaging To Invest $500M In Indian Realty

General

11 May, 2011

News Roundup: Elbit Imaging To Invest $500M In Indian Realty

Elbit Imaging To Invest $500M In Indian Realty - Israeli conglomerate Elbit Imaging Ltd and its subsidiary Plaza Centers NV ......

Sequoia's Roller Coaster Ride With SKS: The Gains & The Losses

General

11 May, 2011

Sequoia's Roller Coaster Ride With SKS: The Gains & The Losses

Sequoia Capital India was the first venture capital firm to spot microfinance as a sector that a VC can invest ......

BlueOrchard Invests Rs 4.5Cr in Mumbai-based Svasti Microfinance

General

10 May, 2011

BlueOrchard Invests Rs 4.5Cr in Mumbai-based Svasti Microfinance

Even though microfinance in India is in turmoil, the private capital is still flowing into the sector. Svasti Microfinance Pvt ......

SKS Microfinance Expects Industry To Consolidate

General

10 May, 2011

SKS Microfinance Expects Industry To Consolidate

Indian lender SKS Microfinance, whose shares have taken a massive beating, expects near-term pain for the company and predicts consolidation ......

News Roundup: Dr Reddy Joins Race To Buy Doktor Mom

General

10 May, 2011

News Roundup: Dr Reddy Joins Race To Buy Doktor Mom

Dr Reddy Joins Race To Buy Doktor Mom - Dr Reddy’s Labs (DRL) has entered the fray to buy Doktor ......

News Roundup: Serco In Talks To Buy Blackstone's Intelenet

General

09 May, 2011

News Roundup: Serco In Talks To Buy Blackstone's Intelenet

Serco In Talks To Buy Blackstone's Intelenet - UK-based Serco Group is in discussions to acquire a controlling stake in ......

SKS Microfinance Posts Loss Of Rs 69.7Cr In Q4

General

07 May, 2011

SKS Microfinance Posts Loss Of Rs 69.7Cr In Q4

Not surprisingly, India’s only listed microfinance lender, SKS Microfinance Ltd, posted a loss of Rs 69.7 crore in the fourth ......

Education Biz: Are PE Players Ready To Add Tangible Value?

General

06 May, 2011

Education Biz: Are PE Players Ready To Add Tangible Value?

There is little doubt that the Indian education sector offers significant long-term opportunity, illustrated by the widely quoted statistics that ......

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