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Deals Digest: Big-ticket deal lifts funding value this week

General

11 August, 2023

Deals Digest: Big-ticket deal lifts funding value this week

Private equity and venture capital funding rose marginally in the week gone by, primarily owing to one big-ticket transaction. In the ......

Axis Bank to raise stake in Max Life via $195 mn investment

Finance

09 August, 2023

Axis Bank to raise stake in Max Life via $195 mn investment

India's Axis Bank on Wednesday said it will raise its stake in insurer Max Life to 16.2% from 9.99% by ......

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How the pecking order of i-banks changed in first half of 2023

Finance

06 July, 2023

How the pecking order of i-banks changed in first half of 2023

The investment banks' league table recorded substantial changes in the first half of 2023 with homegrown banks securing the top ......

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Bain Capital scores modest returns from $265 mn India exit move

Finance

15 June, 2023

Bain Capital scores modest returns from $265 mn India exit move

US-based Bain Capital, which has been one of the less aggressive among the bulge-bracket global private equity peers active in ......

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How the pecking order of I-banks changed dramatically in Q1

Finance

10 April, 2023

How the pecking order of I-banks changed dramatically in Q1

The list of top investments bankers in India by fees earned during the first quarter of 2023 changed dramatically although ......

Grapevine: ATC, I Squared plan stake sales; Axis Bank hires Credit Suisse exec

General

15 March, 2023

Grapevine: ATC, I Squared plan stake sales; Axis Bank hires Credit Suisse exec

American Tower Corp (ATC) is looking to sell a stake in its India operations to one or more private investors, ......

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PIDG's credit solutions arm backs Indian lender as part of $40 mn investment

Finance

14 March, 2023

PIDG's credit solutions arm backs Indian lender as part of $40 mn investment

The credit solutions unit of Asia and Africa-focused infrastructure developer and investor, Private Infrastructure Development Group (PIDG), which has guaranteed ......

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Banks race to save startups after Silicon Valley Bank collapse

TMT

13 March, 2023

Banks race to save startups after Silicon Valley Bank collapse

At least three Indian banks—Axis Bank, Kotak Mahindra Bank, and ICICI Bank—along with the Indian unit of HSBC, assembled crack ......

Axis Bank snaps up Citigroup's India consumer business

Consumer

01 March, 2023

Axis Bank snaps up Citigroup's India consumer business

Citibank's customers will witness a major transformation from Wednesday as the grand old bank, which started its India operations back ......

Bain to divest 1.2% stake in Axis Bank via bulk deal

Finance

31 October, 2022

Bain to divest 1.2% stake in Axis Bank via bulk deal

Private equity investor Bain Capital will sell a 1.24% stake in private lender Axis Bank Ltd through a block trade ......