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Vedanta mulls merger with Anglo American unit; Federal Bank eyes Madura Micro

General

04 July, 2018

Vedanta mulls merger with Anglo American unit; Federal Bank eyes Madura Micro

Volcan Investments Ltd, the family trust of Vedanta Resources Plc. chairman Anil Agarwal, is exploring the merger of Anglo American ......

True North to pick up 26% stake in Federal Bank's NBFC

Finance

11 May, 2018

True North to pick up 26% stake in Federal Bank's NBFC

Homegrown private equity firm True North is set to acquire 26% stake in Fedbank Financial Services Ltd (Fedfina), a non-banking ......

Equirus Capital ropes in Citibank exec to head wealth management biz

People

23 April, 2018

Equirus Capital ropes in Citibank exec to head wealth management biz

Equirus Capital Pvt. Ltd has appointed Citibank's Ankur Maheshwari as chief executive officer of its wealth management business, the mid-market ......

Kedaara-Partners Group eyes Vishal Mega Mart, Airplaza; DST may back Swiggy

General

23 April, 2018

Kedaara-Partners Group eyes Vishal Mega Mart, Airplaza; DST may back Swiggy

A consortium of Kedaara Capital and Partners Group is in advanced negotiations with TPG Capital and Shriram Group to acquire ......

ChrysCapital set to buy into Federal Bank unit; Jain Irrigation may list food biz

General

31 January, 2018

ChrysCapital set to buy into Federal Bank unit; Jain Irrigation may list food biz

Homegrown private equity firm ChrysCapital Investment Advisors India Pvt. Ltd is in final negotiations with private-sector lender Federal Bank Ltd ......

Ratan Tata-backed Niki.ai builds chatbot for Federal Bank's mobile app

TMT

23 January, 2018

Ratan Tata-backed Niki.ai builds chatbot for Federal Bank's mobile app

Ratan Tata-backed artificial intelligence firm Niki.ai has tied up with Kerala-headquartered Federal Bank to launch a chatbot-based virtual assistant on ......

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IDBI Bank seeks bankers to sell non-core businesses

Finance

14 August, 2017

IDBI Bank seeks bankers to sell non-core businesses

State-owned IDBI Bank has sought representations from investment banks to sell most of its non-core businesses, three people aware of ......

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Federal Bank hires four bankers to raise $388 mn via share sale

Finance

02 June, 2017

Federal Bank hires four bankers to raise $388 mn via share sale

Aluva-based Federal Bank has hired two foreign and two domestic merchant bankers to manage a Rs 2,500 crore (around $388.8 ......

IFC to provide $100 mn loan to Federal Bank

Finance

12 April, 2017

IFC to provide $100 mn loan to Federal Bank

International Finance Corporation, the World Bank’s private-sector investment arm, plans to provide a senior loan of $100 million to Federal ......