BFSI
Finance
Budget 2020: No recapitalisation for state-run banks, but some sops for small businesses
The Budget proposed the sale of the government's balance holding in IDBI Bank but didn't announce any recapitalisation of public ......
Finance
PE-backed Annapurna Finance in talks to snap up microlender
Rural-focussed microfinance institution Annapurna Finance Pvt. Ltd is in talks to acquire a peer with an eye on expanding its ......
Finance
Asian Development Bank invests in PE-backed Annapurna Finance
Rural-focussed microfinance institution Annapurna Finance Pvt. Ltd said on Monday that it has raised Rs 137 crore ($19.1 million at ......
Finance
Reliance Group's general insurance arm shelves IPO plans
Anil Ambani-led Reliance Group has put off plans to take its general insurance business public nearly a year after Reliance ......
Finance
PNB MetLife India Insurance gets SEBI nod to float IPO
PNB MetLife India Insurance Co. Ltd, which is among India’s top 10 life insurers by market share, has received regulatory ......
Finance
Everstone, Indostar co-investors to yield good returns from partial exit via IPO
India- and Southeast Asia-focused private equity firm Everstone Capital and its co-investors in IndoStar Capital Finance Ltd will clock benchmark ......
Markets
Everstone-backed IndoStar Capital gets SEBI nod to float IPO
Non-banking finance company IndoStar Capital Finance Ltd has received regulatory approval to float an initial public offering.The NBFC, which his ......
Finance
Everstone-led PE consortium eyes partial exit in IndoStar Capital's IPO
IndoStar Capital Finance Ltd, a non-banking financial company (NBFC), has filed its draft red herring prospectus (DRHP) with the country's ......
