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Need 3-4 quarters of sustainable growth before IPO: IndiaFirst Life's CEO Gandhi

Finance

20 June, 2025

Need 3-4 quarters of sustainable growth before IPO: IndiaFirst Life's CEO Gandhi

IndiaFirst Life Insurance, backed by Warburg Pincus, reported a net profit exceeding Rs 100 crore ($11.5 million) for the second ......

HSBC, NABARD invest in digital credit infrastructure firm Online PSB Loans

Finance

07 April, 2025

HSBC, NABARD invest in digital credit infrastructure firm Online PSB Loans

HSBC, along with the National Bank for Agriculture and Rural Development (NABARD), has made an investment in digital credit infrastructure ......

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Grapevine: Paytm may sell ticketing biz; Jefferies set to hire StanChart exec

General

17 June, 2024

Grapevine: Paytm may sell ticketing biz; Jefferies set to hire StanChart exec

Paytm is in advanced talks with Zomato Ltd. to sell its movie and events ticketing business, a media report said.    The ......

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Grapevine: Temasek may join race for CVC's stake in HCG; Coca-Cola India's bottling arm mulls IPO

General

03 May, 2024

Grapevine: Temasek may join race for CVC's stake in HCG; Coca-Cola India's bottling arm mulls IPO

Singapore's Temasek Holdings is considering a bid for CVC Capital Partners' controlling stake in Healthcare Global Enterprises Ltd (HCG), a media report said.  Temasek may opt ......

Go First lenders approve $55 mn fund infusion to revive bankrupt airline

Infrastructure

26 June, 2023

Go First lenders approve $55 mn fund infusion to revive bankrupt airline

Lenders to India's Go First, which is under bankruptcy protection, have approved interim funding of 4.50 billion rupees ($54.9 million) ......

Grapevine: Carlyle mulls stake in BoB arm; TVS ILP likely to raise funds

General

25 April, 2023

Grapevine: Carlyle mulls stake in BoB arm; TVS ILP likely to raise funds

Global private equity firm Carlyle Group is among others in the race to pick up a 49% stake in Bank ......

Recruitment firm GetWork racks up fresh funding

TMT

20 February, 2023

Recruitment firm GetWork racks up fresh funding

Veerwal GetWork Services Pvt Ltd, which operates recruitment platform GetWork, on Monday said it has raised pre-Series A funding of ......

Mumbai NBFC Authum gets lenders nod to buy Reliance Commercial Finance

Finance

15 July, 2021

Mumbai NBFC Authum gets lenders nod to buy Reliance Commercial Finance

Authum Investment and Infrastructure Ltd will acquire second Anil Ambani group firm Reliance Commercial Finance after lenders approved its resolution ......

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Aditya Birla ARC buys distressed debt of a coal-fired power plant in Chhattisgarh

Finance

27 May, 2021

Aditya Birla ARC buys distressed debt of a coal-fired power plant in Chhattisgarh

Aditya Birla Asset Reconstruction Company (ARC) has snapped up debt worth Rs 2,500 crore (about $344 million) of a firm ......

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Infra solutions provider, once backed by Sequoia, ordered for liquidation

Infrastructure

18 March, 2021

Infra solutions provider, once backed by Sequoia, ordered for liquidation

An infrastructure solutions provider, once funded by Sequoia and ChrysCapital, has been ordered for liquidation by the bankruptcy tribunal. “Considering the ......

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