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Lockdown woes: Q1 revenue drops for three out of every four firms

Finance

07 August

Lockdown woes: Q1 revenue drops for three out of every four firms

The nationwide lockdown imposed to stem the spread of the coronavirus pandemic hammered India Inc. during the April-June period...

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In stressed assets, it doesn't make sense to get cute with disclosures: Sashakt chief

Finance

07 August

In stressed assets, it doesn't make sense to get cute with disclosures: Sashakt chief

In May 2020, two people in the know told VCCircle that lenders are reconsidering the option of a so-called “bad ......

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Falcon Edge in talks to invest in another fintech firm

TMT

07 August

Falcon Edge in talks to invest in another fintech firm

Falcon Edge Capital, a New York-based hedge fund and venture-stage fund that has invested in cab-hailing company Ola and online...

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Belgian investor Incofin's maiden India fund to make first close

Finance

07 August

Belgian investor Incofin's maiden India fund to make first close

India Progress Fund, the maiden country-focussed vehicle of Belgium-based impact fund Incofin Investment Management, is set to...

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Carlyle-backed PNB Housing taps another SBI veteran to be CEO

Finance

06 August

Carlyle-backed PNB Housing taps another SBI veteran to be CEO

PNB Housing Finance Ltd, which is part-owned by private equity firm Carlyle, has appointed a former head of SBI Cards ......

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Emkay Global hires institutional equities head from SBICAP

Finance

06 August

Emkay Global hires institutional equities head from SBICAP

Research and brokerage firm Emkay Global Financial Services Ltd has roped in SBICAP Securities’ former head of institutional...

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Oman India PE fund makes fourth financial services bet

Finance

06 August

Oman India PE fund makes fourth financial services bet

Mid-market private equity firm Oman India Joint Investment Fund (OIJIF) has invested in a private-sector lender in its fourth...

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Level the playing field for ARCs if bad bank pops up: Panellists at VCCircle event

Finance

06 August

Level the playing field for ARCs if bad bank pops up: Panellists at VCCircle event

As lenders urge the government for a bad bank amid expectations of a surge in soured debt due to coronavirus, ......

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India must ease bankruptcy norms to lure foreign funds: Panellists at VCCircle event

Finance

06 August

India must ease bankruptcy norms to lure foreign funds: Panellists at VCCircle event

There is plenty of foreign capital available to tap into the stressed asset market in India despite the coronavirus pandemic ......

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Bad bank will negatively affect private-sector players: Panellists at VCCircle event

Finance

06 August

Bad bank will negatively affect private-sector players: Panellists at VCCircle event

A proposed state-owned “bad bank” may offer immediate help but could harm private-sector players in the medium to...