financial services
Finance
IndusInd Bank calls off acquisition of IL&FS' securities services arm
Private-sector lender IndusInd Bank Ltd has terminated its agreement to acquire IL&FS Securities Services Ltd (ISSL) from debt-laden parent Infrastructure ......
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
PE-backed Aavas Financiers' IPO crosses one-fourth mark on second day
The initial public offering (IPO) of home-loan company Aavas Financiers Ltd crossed the one-fourth mark on the second day on ......
Finance
IFC plans $150 mn debt investment in HDFC Bank's NBFC unit
International Finance Corporation (IFC), the private-sector investment arm of World Bank, is planning to make a senior debt investment of ......
Finance
IFC-backed Angel Broking explores fundraising options, including IPO
Stockbroking and wealth management firm Angel Broking Pvt. Ltd is weighing various fundraising options, including a listing on the stock ......
Finance
ICICI Bank's stock brokerage unit gets SEBI nod for IPO
ICICI Bank Ltd, the country’s largest private sector bank by assets, has received approval from the markets regulator to list ......
Finance
Flashback 2017: NPA woes drag banks; MF inflows, insurance IPOs boost sentiment
Mounting bad loans haunted banks in 2017 and a couple of high-profile mergers collapsed, but a bunch of initial public ......
Finance
Norwest scores back-to-back multi-bagger exit from India portfolio firm
Multi-stage private investment firm Norwest Venture Partners has harvested handsome returns from its five-year-old investment in a Chennai-based financial services ......
Finance
ICICI Bank to float IPO of stock brokerage unit
ICICI Bank Ltd, the country’s largest private-sector bank by assets, said on Tuesday its board has approved taking unit ICICI ......
Healthcare
A decade after striking gold, why are Malvinder & Shivinder Singh on garage sale?
One of India’s richest business families is selling the family silver. Well, sort of.On 19 July, VCCircle first reported that ......