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U.S. stocks bounce, investors digest news of 2022 rate hikes

Economy

12 January

U.S. stocks bounce, investors digest news of 2022 rate hikes

U.S. stocks bounced and Treasury yields retreated in choppy trade as investors absorbed remarks from the Federal Reserve that interest ......

True North to sell analytics company Actify Data Labs to global survey platform Voxco

TMT

11 January

True North to sell analytics company Actify Data Labs to global survey platform Voxco

True North, one of India’s oldest private equity (PE) firms, has signed a definitive agreement to sell its entire stake ......

Neobank Jupiter raises $86 mn from Tiger Global, Sequoia, others at $711 mn valuation

Finance

30 December

Neobank Jupiter raises $86 mn from Tiger Global, Sequoia, others at $711 mn valuation

Neobanking platform Jupiter, owned and operated by Amica Financial Technologies Pvt Ltd, has raised $86 million as a part of ......

True North-backed nonbank lender Fedfina plans IPO

Finance

19 October

True North-backed nonbank lender Fedfina plans IPO

Fedbank Financial Services Ltd (Fedfina), a retail-focused non-bank lender set up by Federal Bank Ltd, is planning a public listing, ......

IFC, associate entities to invest Rs 916 crore in Federal Bank

Finance

17 June

IFC, associate entities to invest Rs 916 crore in Federal Bank

World Bank investment arm International Finance Corporation (IFC) and two associate entities will invest Rs 916 crore ($124 million at ......

Federal Bank to invest in financial services unit via rights issue

Finance

18 May

Federal Bank to invest in financial services unit via rights issue

Private sector lender Federal Bank on Tuesday said it would invest Rs 148 crore ($20.2 million) in its financial services ......

Grapevine: Adani, others bid for solar tender; IDBI Bank to complete stake sale in JV

General

31 December

Grapevine: Adani, others bid for solar tender; IDBI Bank to complete stake sale in JV

The Adani Group has bid for the entire 6.4 gigawatt (GW) capacity aimed at powering the farms of Andhra Pradesh ......

Businessman BR Shetty seeks CBI, ED probe of NMC, Finablr ex-CEOs over $6 bn scandal

Healthcare

12 October

Businessman BR Shetty seeks CBI, ED probe of NMC, Finablr ex-CEOs over $6 bn scandal

Indian entrepreneur BR Shetty has filed a complaint with federal investigative agencies in India seeking a probe into two former ......

Premium
PE, M&A deals in financial sector sink but GIC, CPPIB bet more

Finance

21 July

PE, M&A deals in financial sector sink but GIC, CPPIB bet more

The number of private equity deals, mergers and acquisitions in the financial services sector touched the lowest level in at ......

Premium
Equirus hires former JM Financial dealmaker to boost i-banking unit

Finance

20 July

Equirus hires former JM Financial dealmaker to boost i-banking unit

Financial advisory and investment banking firm Equirus Capital Pvt. Ltd has recruited a top dealmaker who has more than two ......