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KKR looking at another big Indian stake sale as Avendus put on the block

Finance

KKR looking at another big Indian stake sale as Avendus put on the block

Homegrown financial services group Avendus Capital Pvt. Ltd is up for sale, with private equity firm...

British International Investment appoints Satish Chavva to head PE for South Asia

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British International Investment appoints Satish Chavva to head PE for South Asia

Oman India Joint Investment Fund’s Satish Chavva has been appointed by the British International ...

Axis Bank to acquire Citi's consumer business in India for $1.6 bn

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Axis Bank to acquire Citi's consumer business in India for $1.6 bn

Private sector lender Axis Bank is likely to announce on Wednesday a deal to acquire Citibank’s ...

Citi backs equity management platform Qapita; joins Series A round

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Citi backs equity management platform Qapita; joins Series A round

Qapita, a software-as-a-service (SaaS) platform focused on equity and transaction management for the...

Grapevine: CarTrade to file draft papers for IPO; Mogae Media buys Rediffusion

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Grapevine: CarTrade to file draft papers for IPO; Mogae Media buys Rediffusion

Auto classifieds platform CarTrade is set to file draft papers for an initial public offering (IPO...

Grapevine: Blackstone to lose Amit Jain, may exit Mphasis

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Grapevine: Blackstone to lose Amit Jain, may exit Mphasis

Blackstone India senior managing director Amit Jain is set to quit but yet to formally put in his ...

Grapevine: Bain faces margin calls as Axis Bank shares fall; VCs set up corona fund

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Grapevine: Bain faces margin calls as Axis Bank shares fall; VCs set up corona fund

Private equity investor Bain Capital is facing margin calls from three lenders -- JPMorgan, Citi and...

Grapevine: Tiger Global closes mega fund, likely to lead Dream11 funding

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Grapevine: Tiger Global closes mega fund, likely to lead Dream11 funding

New York-based Tiger Global Management has closed a $3.75 billion (about Rs 26,800 crore at current ...

Veteran Citi dealmaker Pramit Jhaveri gets Asia-Pac role; SSG bids for Uttam Galva assets

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Veteran Citi dealmaker Pramit Jhaveri gets Asia-Pac role; SSG bids for Uttam Galva assets

Citibank India CEO Pramit Jhaveri has been named the vice-chairman of the company’s banking, ...

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Indian Bank, Union Bank hire bankers to raise money from capital markets

Finance

Indian Bank, Union Bank hire bankers to raise money from capital markets

Listed public sector lenders Indian Bank and Union Bank of India Ltd have initiated the process of ...