Axis Bank
TMT
Mswipe raises $31 mn from UC-RNT Fund and others; Axis Bank exits
Mumbai-based mobile point-of-sale services provider Mswipe Technologies Pvt. Ltd has raised Rs 200 crore ($31 million) from Ratan Tata-led UC-RNT ......
Infrastructure
Lenders take control of cash-strapped engineering firm Aster
A group of lenders to Aster Pvt. Ltd has taken control of the Hyderabad-based engineering services provider after the company, ......
TMT
Matrix-backed Mswipe acquires PayU's offline merchant PoS unit
Mumbai-based mobile point-of-sale (PoS) services provider Mswipe Technologies Pvt. Ltd has acquired the offline merchant PoS division of digital payments ......
TMT
Snapdeal's cup of woes: Online seller files police complaint, alleges fraud
Even as beleaguered e-commerce firm Snapdeal inches closer to a merger with rival Flipkart, several online sellers have complained against ......
Finance
Kotak Mahindra Bank to raise $825 mn for M&As, biz expansion
Kotak Mahindra Bank, India’s fourth-largest private-sector lender, plans to sell shares worth as much as $825 million (Rs 5,350 crore) ......
Finance
QInvest looks to sell Ambit stake
Qatar-based investment banking and financial services firm QInvest LLC is looking to divest its stake in Ambit Pvt. Ltd, nearly ......
General
Why the SBI merger may accelerate consolidation in India's banking sector
Come April, India will be home to one of the largest banks in the world. The merger of the government-owned ......
TMT
Axis Bank limits support for Snapdeal's seller financing programme
Axis Bank has withdrawn its credit limit to some sellers on e-commerce firm Snapdeal’s platform over falling sale numbers, a ......
General
Bombay High Court asks Axis Bank to deposit $15.45 mn in F1 case
The Bombay High Court has asked Axis Bank to deposit $15.45 million (around Rs 104 crore) with the court in ......
General
Bombay HC restrains Lloyds Bank, RBS to make demand against Axis Bank in F1 case
The Bombay High Court has restrained two British lenders, Lloyds Bank and the Royal Bank of Scotland, from invoking any ......
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