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Scottish Zomato backer Baillie Gifford invests in listed private-sector lender

Finance

07 April, 2021

Scottish Zomato backer Baillie Gifford invests in listed private-sector lender

Scottish asset manager Baillie Gifford, backer of food delivery app Zomato, has invested in India’s listed private-sector...

PE-backed Suryoday Small Finance Bank gets SEBI nod for IPO

Finance

28 December, 2020

PE-backed Suryoday Small Finance Bank gets SEBI nod for IPO

Suryoday Small Finance Bank Ltd (SFB) has received regulatory approval to float an initial public offering (IPO). The Securities...

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Malaysian sovereign fund Khazanah trims stake in oldest India bet

Finance

18 December, 2020

Malaysian sovereign fund Khazanah trims stake in oldest India bet

Khazanah Nasional Berhad, which came out of a hiatus to seal a new India deal in almost four years this ......

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PE, M&A deals in financial services sector remain in the doldrums

Finance

13 October, 2020

PE, M&A deals in financial services sector remain in the doldrums

The number of private equity deals and mergers and acquisitions (M&As) in the banking, financial services and insurance (BFSI)...

Grapevine: RIL eyes Electronics Mart; IDFC First, others to sell Suryoday stake

General

25 September, 2020

Grapevine: RIL eyes Electronics Mart; IDFC First, others to sell Suryoday stake

Reliance Retail is in talks with Electronics Mart India for a possible acquisition of the consumer durables retail chain for ......

Grapevine: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon

General

14 August, 2020

Grapevine: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon

Thirteen investors submitted bids for Reliance Commercial Finance, which is undergoing an insolvency process, after lenders led...

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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 ......

Warburg Pincus pumps cash into IDFC First Bank in second India bet of 2020

Finance

04 May, 2020

Warburg Pincus pumps cash into IDFC First Bank in second India bet of 2020

Global private equity giant Warburg Pincus is injecting Rs 200 crore ($26.4 million) into IDFC First Bank to maintain its ......

Three lenders trim stake in Yes Bank within two weeks of investment

Finance

23 April, 2020

Three lenders trim stake in Yes Bank within two weeks of investment

Three private-sector banks, which had pitched in to save Yes Bank from the brim of a collapse last month, have ......

Grapevine: Carlyle, Brookfield, Tilden Park Capital may eye Yes Bank

General

23 March, 2020

Grapevine: Carlyle, Brookfield, Tilden Park Capital may eye Yes Bank

Troubled private sector lender Yes Bank may attract interest from a clutch of foreign investors as part of a massive ......

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