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Nippon Life India appoints former Tata Capital, Centrum exec to lead AIF biz

People

18 May, 2023

Nippon Life India appoints former Tata Capital, Centrum exec to lead AIF biz

Nippon Life India AIF Management Limited, a subsidiary of Nippon Life India Asset Management Limited (NAM India), has announced an ......

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 ......

Grapevine: Citi mulls selling credit card vertical; PEs eye stake in Strides Pharma

General

23 April, 2021

Grapevine: Citi mulls selling credit card vertical; PEs eye stake in Strides Pharma

Citibank is exploring the option of selling the credit card vertical of its Indian consumer banking business separately at a ......

Grapevine: Acme Solar eyes US listing via Spac; KKR seeks control of Fogg maker

General

12 March, 2021

Grapevine: Acme Solar eyes US listing via Spac; KKR seeks control of Fogg maker

Acme Solar Holdings is exploring a US listing through the special purpose acquisition company (Spac) route. For this, India’s largest pure-play ......

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WestBridge-backed Star Health lines up large funding round

Finance

07 January, 2021

WestBridge-backed Star Health lines up large funding round

Chennai-based Star Health and Allied Insurance Co. Ltd has firmed up plans for a large equity funding round that would ......

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HSBC catching up with Citi in battle of MNC banks in India; JPMorgan bulks up

Finance

04 September, 2020

HSBC catching up with Citi in battle of MNC banks in India; JPMorgan bulks up

The battle between the top two global banks in India, Citibank and HSBC, has intensified with the British lender closing ......

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Top MNCs in India: Who earns the most profit, who pays the most tax?

Finance

06 July, 2020

Top MNCs in India: Who earns the most profit, who pays the most tax?

An economic slowdown and the coronavirus pandemic that sapped demand for high-priced products while shifting consumer focus towards essential items ......

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Wadhwa Group shortlists bidders for $200-mn Mumbai office asset deal

Infrastructure

10 December, 2019

Wadhwa Group shortlists bidders for $200-mn Mumbai office asset deal

Mumbai developer Wadhwa Group has shortlisted a few bidders for a prime commercial property in the city’s Bandra Kurla Complex ......

Saudi Aramco hires nine banks for world's biggest IPO

Infrastructure

11 September, 2019

Saudi Aramco hires nine banks for world's biggest IPO

Saudi Aramco has hired nine banks as joint global coordinators to lead its planned initial public offering (IPO), slated to ......

IFC leads $550-mn investment round in L&T Finance

Finance

04 July, 2019

IFC leads $550-mn investment round in L&T Finance

International Finance Corporation has led a $550 million (Rs 3,769 crore) investment round in L&T Finance Ltd, a wholly owned ......