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Marquee PE firms in race to invest in Arpwood-backed lender SBFC

Finance

24 February, 2020

Marquee PE firms in race to invest in Arpwood-backed lender SBFC

SBFC Finance Pvt. Ltd, an Arpwood Partners-backed non-banking finance company, is in late stages of discussions with several private equity ......

Meet Rishi Sunak, Narayana Murthy's son-in-law and Britain's new finance minister

Finance

14 February, 2020

Meet Rishi Sunak, Narayana Murthy's son-in-law and Britain's new finance minister

Five years ago, Britain's new finance minister Rishi Sunak wasn't even a member of parliament. Now, he is running the ......

Vatika Group pulls in $85 mn from Goldman Sachs for office, hotel arms

Infrastructure

14 February, 2020

Vatika Group pulls in $85 mn from Goldman Sachs for office, hotel arms

Global financial services giant Goldman Sachs has invested Rs 610 crore ($85 million at current exchange rates) through debt across ......

Grapevine: PE funds, banks, NBFCs circle DHFL retail book

General

14 February, 2020

Grapevine: PE funds, banks, NBFCs circle DHFL retail book

A total of 14 entities including foreign banks, private equity funds and non-bank lenders have begun talks to buy the ......

Goldman Sachs to raise $8 bn for new buyout fund

Finance

07 February, 2020

Goldman Sachs to raise $8 bn for new buyout fund

Goldman Sachs Group Inc plans to raise $8 billion in only its second buyout fund since the 2008 financial crisis, ......

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Personal care firm Fit and Glow in talks to raise VC funding

Consumer

05 February, 2020

Personal care firm Fit and Glow in talks to raise VC funding

Fit and Glow Health Care Pvt. Ltd is in talks with potential investors to raise venture capital funding by selling ......

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

General

27 January, 2020

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 exchange rate) global private ......

Goldman Sachs will no longer help companies with all-male boards to float IPOs

Finance

24 January, 2020

Goldman Sachs will no longer help companies with all-male boards to float IPOs

From June 30, Goldman Sachs Group Inc will only help take a company public if it has at least one ......

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PremjiInvest ups stake in pharmacy chain eyeing IPO

Healthcare

17 January, 2020

PremjiInvest ups stake in pharmacy chain eyeing IPO

PremjiInvest, the family office of Wipro Ltd founder chairman Azim Premji, has raised its stake in a pharmacy chain that ......

Citi's corporate banking arm aims to pick up steam as market cools down

Finance

14 January, 2020

Citi's corporate banking arm aims to pick up steam as market cools down

When Citigroup Inc combined businesses that cater to big companies in 2018, management wanted dealmakers, traders and traditional corporate bankers ......