BFSI
Finance
Singapore's GIC ups stake in SBI Life Insurance via secondary deal
GIC, the sovereign wealth fund of the island-state of Singapore, has picked up additional stake in SBI Life Insurance via ......
TMT
Tech Mahindra to buy Aussie firm in latest acquisition
Tech Mahindra Ltd said on Friday it has agreed to acquire a 100% stake in Momenton Pty Ltd as part ......
Finance
GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1
Singapore sovereign wealth fund GIC Pte. Ltd shuffled several of its investments in India’s listed banking, financial services...
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...
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...
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 ......
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