Govt alleges 22 audit violations by Deloitte, KPMG arm in IL&FS fraud case
India detected at least 22 violations of auditing standards by Deloitte Haskins & Sells and a KPMG affiliate while investigating...
ICICI Venture takes huge haircut in exit from consumer-facing firm
ICICI Venture’s first exit of 2019 has turned out to be a disappointment, with the homegrown private equity firm taking...
General Atlantic leads $51 mn funding round in NoBroker
Property listings portal NoBroker.com said on Thursday it has raised $51 million in a Series C round of funding led by private...
Amit Nayyar quits Goldman Sachs in latest high-profile exit
Amit Nayyar, the executive director at Mumbai-based investment banking and management firm Goldman Sachs Group, has quit after a stint of eight years. Confirming his exit, Nayyar said he wants to explore new opportunities outside of investment banking.Before joining Goldman Sachs, Nayyar had spent two years at ICICI Securities before ......
Altico Capital looks to sell part of real-estate loan portfolio amid NBFC distress
Non-banking financial company (NBFC) Altico Capital is considering selling a part of its real estate portfolio, two people in...
Snapdeal considers $200-250 mn bid for ShopClues
Indian online retailer Snapdeal is conducting due diligence on ShopClues, in a move likely to result in a potential acquisition...
How a makeover of family offices is helping the ultra-rich grow their wealth
Almost nine years ago, PremjiInvest made an investment in a large retail chain that went down the drain. The family office of tech giant Wipro Ltd’s billionaire chairman, Azim Premji, might now be feeling a sense of déjà vu as its bet on another large retailer is in danger of ......
News Roundup: L&T Finance in talks to buy Morgan Stanley’s wealth business
L&T Finance is in advanced stages of negotiations to buy Morgan Stanley’s wealth management business in India. The proposed acquisition would help L&T Finance strengthen its foothold in the country’s nascent wealth management industry, almost a year after it roped in Manoj Shenoy and 12 executives from Swiss private bank EFG, which shut ......
RBI to cut rates in June, but analysts split on if it should: Poll
The Reserve Bank of India will cut interest rates at a third consecutive meeting in June, according to a Reuters poll of economists...
Matrix Partners leads investment round in ed-tech startup Pesto
Venture capital firm Matrix Partners has led a $2-million (around Rs 13.9 crore at current exchange rates) investment round in...
Most Popular
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News