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

Finance

21 July, 2020

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 ......

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Smaller ARCs chase bulk deals to step up bad-loan purchases

Finance

03 October, 2019

Smaller ARCs chase bulk deals to step up bad-loan purchases

Smaller asset reconstruction companies (ARCs) are stepping up their bad-loan purchases as they consider buying in bulk a pool...

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Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?

Finance

02 July, 2019

Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?

As finance minister Nirmala Sitharaman gives final touches to her first budget speech later this week, she’d be doing so...

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IDBI Bank looks to speed up asset-sale plans in turnaround bid

Finance

04 June, 2019

IDBI Bank looks to speed up asset-sale plans in turnaround bid

IDBI Bank hopes to complete the sale of its mutual fund and insurance businesses as well as that divestment of ......

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Why the latest capital infusion into ailing government banks may not help much

Finance

21 February, 2019

Why the latest capital infusion into ailing government banks may not help much

On Wednesday, the government approved an infusion of Rs 48,239 crore ($6.8 billion) into 12 state-run banks, as part of ......

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India Alternatives, IIFL pre-IPO fund back financial services company

Finance

15 October, 2018

India Alternatives, IIFL pre-IPO fund back financial services company

Private equity firm India Alternatives Investment Advisors Ltd and IIFL Asset Management Pvt. Ltd have invested in a financial...

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Top IDBI Capital exec quits to join private-sector bank

Finance

24 September, 2018

Top IDBI Capital exec quits to join private-sector bank

A top executive at IDBI Capital Markets & Securities Ltd has quit to join a Mumbai-based bank, in the latest ......

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Why taking over IDBI Bank may be a bad deal for LIC

Finance

16 July, 2018

Why taking over IDBI Bank may be a bad deal for LIC

When all else fails, complicate matters. Aaron Allston, the American science fiction author best known for Star Wars novels, is ......

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Reliance Naval and Engineering looks to offer one-time settlement to lenders

Manufacturing

27 April, 2018

Reliance Naval and Engineering looks to offer one-time settlement to lenders

Reliance Naval and Engineering Ltd, the defence business of Anil Ambani-led Reliance Group engaged in shipbuilding, is in talks to ......

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NSE investors plan off-market share sales on IPO delay

Finance

28 December, 2017

NSE investors plan off-market share sales on IPO delay

Many shareholders of the National Stock Exchange (NSE) that had planned to offload their stakes in India’s largest equity bourse ......

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