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PE deal of the month: Bain Capital marks its boldest bet in India with Axis Bank

Finance

30 November

PE deal of the month: Bain Capital marks its boldest bet in India with Axis Bank

In its biggest ever investment in an Indian company, US-based private equity firm Bain Capital has pumped in Rs 6,853.75 ......

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M&A of the month: ATC snaps up Idea, Vodafone towers as valuations stagnate

TMT

30 November

M&A of the month: ATC snaps up Idea, Vodafone towers as valuations stagnate

Falling tenancy count and lower rentals have forced most players in the capital-intensive Indian telecommunication tower industry to ride a ......

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ICICI Bank hires head for home finance arm, scraps stake sale plan

People

30 November

ICICI Bank hires head for home finance arm, scraps stake sale plan

Private lender ICICI Bank, which has not met with any success on its plan to sell its housing finance arm, ......

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Norwest scores back-to-back multi-bagger exit from India portfolio firm

Finance

29 November

Norwest scores back-to-back multi-bagger exit from India portfolio firm

Multi-stage private investment firm Norwest Venture Partners has harvested handsome returns from its five-year-old investment in a Chennai-based financial services ......

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Caspian exits microlender Arohan Financial

Finance

30 November

Caspian exits microlender Arohan Financial

India Financial Inclusion Fund, which is managed by Caspian Impact Investments Pvt. Ltd, has exited its investment in Arohan Financial ......

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Margdarshak Financial looking to raise funds, double its loan book

Finance

29 November

Margdarshak Financial looking to raise funds, double its loan book

Lucknow-based microfinance company, Margdarshak Financial Services Ltd, is looking to raise capital in an effort to more than double its ......

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Meet India's lesser-known money moguls

Finance

29 November

Meet India's lesser-known money moguls

The annual exercise by global publications, such as Forbes and China’s Hurun Research Institute, to list the wealthiest individuals and ......

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Why bankruptcy ordinance may need more fine-tuning

Finance

29 November

Why bankruptcy ordinance may need more fine-tuning

Last week, the government promulgated an ordinance to amend the Insolvency and Bankruptcy Code, 2016, which effectively tightens the screws ......

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CPPIB close to striking over $300 mn India infrastructure deal

Infrastructure

28 November

CPPIB close to striking over $300 mn India infrastructure deal

The Canada Pension Plan Investment Board (CPPIB) is set to bet on a renewable energy firm, taking its India-related direct ......

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Paper Boat maker Hector Beverages raising fresh money in flat VC round

Consumer

28 November

Paper Boat maker Hector Beverages raising fresh money in flat VC round

Soft drinks and beverages maker Hector Beverages Pvt. Ltd is raising a fresh round of funding from a few existing ......