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Top PE firms, SWFs, banks in race for big-ticket deal in HDFC's Credila

Finance

07 May, 2023

Top PE firms, SWFs, banks in race for big-ticket deal in HDFC's Credila

Several large private equity firms and sovereign wealth funds as well as strategic players such as banks have lined up ......

HDFC likely to appoint Jefferies for $1 bn Credila sale

Finance

02 May, 2023

HDFC likely to appoint Jefferies for $1 bn Credila sale

India's largest mortgage financier, HDFC Ltd has picked Jefferies Financial Group Inc to manage the sale of a unit that ......

Partial relief for HDFC Bank for meeting priority lending, CRR norms post merger

Finance

21 April, 2023

Partial relief for HDFC Bank for meeting priority lending, CRR norms post merger

The Reserve Bank of India (RBI) has allowed HDFC Bank Ltd and Housing Development Finance Corp Ltd (HDFC) selective regulatory ......

Sensex, Nifty log weekly losses on risk aversion amid Q4 earnings

Markets

21 April, 2023

Sensex, Nifty log weekly losses on risk aversion amid Q4 earnings

Indian shares were subdued on Friday, snapping a three-week winning streak, as investors remained cautious after a weak outlook from ......

ICICI Bank, others back spacetech startup SatSure

Finance

06 February, 2023

ICICI Bank, others back spacetech startup SatSure

Bengaluru-based spacetech startup SatSure Analytics Pvt Ltd on Monday said it has raised an undisclosed sum from ICICI Bank, Kotak ......

SBICAP-backed SWAMIH Investment Fund-I gets Rs 15,530 cr

Finance

08 December, 2022

SBICAP-backed SWAMIH Investment Fund-I gets Rs 15,530 cr

SBICAP Ventures Ltd-backed SWAMIH Investment Fund I has marked its final close at Rs 15,530 crore to invest in stressed ......

Lentra raises $60 million in Series B round

Finance

14 November, 2022

Lentra raises $60 million in Series B round

HDFC Bank-backed lending software provider Lentra has raised $60 million in its Series B funding round, led by existing investors ......

AI-backed startups Workruit, OhLocal raise early-stage funding

TMT

17 October, 2022

AI-backed startups Workruit, OhLocal raise early-stage funding

StoryTech Pvt Ltd, which runs artificial intelligence-backed recruitment startup Workruit, on Monday said it has secured pre-Series A funding of ......

Strong start for LIC on day 1 of IPO

Finance

05 May, 2022

Strong start for LIC on day 1 of IPO

The subscription for India’s biggest initial public offer ever - of Life Insurance Corp of India - witnessed a strong ......

ADIA to pick up 10% stake in HDFC Capital

Infrastructure

21 April, 2022

ADIA to pick up 10% stake in HDFC Capital

Days after parent HDFC Ltd initiated the process of merger HDFC Bank, one of the world’s largest sovereign funds Abu ......