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IFC

CPPIB, General Atlantic & others back Byju's in Naspers-led mega funding round

TMT

11 December, 2018

CPPIB, General Atlantic & others back Byju's in Naspers-led mega funding round

Think and Learn Pvt. Ltd, which operates ed-tech venture Byju’s, has raised $322.64 million (around Rs 2,300 crore at current ......

IFC may offer $50 mn in debt funding to Ujjivan Small Finance Bank

Finance

06 November, 2018

IFC may offer $50 mn in debt funding to Ujjivan Small Finance Bank

International Finance Corporation (IFC) plans to offer up to $50 million (Rs 350 crore) in debt financing to Bengaluru-based Ujjivan ......

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How IFC spun $200 mn from financial services portfolio before market downturn

Finance

02 November, 2018

How IFC spun $200 mn from financial services portfolio before market downturn

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, partially sold stakes in four Indian financial services ......

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How much will IFC make from partial stake sale in Polycab India's IPO?

Manufacturing

31 October, 2018

How much will IFC make from partial stake sale in Polycab India's IPO?

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, may take home moderate returns as it looks ......

KKR eyes stake in Aadhar Housing; OMERS among suitors for IL&FS road projects

General

18 October, 2018

KKR eyes stake in Aadhar Housing; OMERS among suitors for IL&FS road projects

Private equity firm KKR is in preliminary discussions to acquire a controlling stake in Aadhar Housing Finance Ltd, Mint reported. Citing ......

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Company watch: Can multi-format clinic chain Apollo Health turn around?

Healthcare

17 October, 2018

Company watch: Can multi-format clinic chain Apollo Health turn around?

In 2002, Apollo Hospitals Enterprise Ltd opened its first primary-care clinic under subsidiary Apollo Health & Lifestyle Ltd. The unit’s ......

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How IFC's exposure to India changed last year

Finance

12 October, 2018

How IFC's exposure to India changed last year

International Finance Corporation committed more capital to Indian companies as well as private equity and venture capital funds in the ......

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SEBI slaps fine on IFC-backed hospital chain Regency for past trading violations

Healthcare

01 October, 2018

SEBI slaps fine on IFC-backed hospital chain Regency for past trading violations

The country’s capital markets regulator has imposed a fine on Kanpur-based regional hospital chain Regency Hospital Ltd for artificially creating ......

RBI restricts GIC-backed Bandhan Bank from opening new branches, caps CEO pay

Finance

28 September, 2018

RBI restricts GIC-backed Bandhan Bank from opening new branches, caps CEO pay

The Reserve Bank of India has barred Bandhan Bank from opening new branches without its prior approval after the private-sector ......

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SAMHI buys out MNC hospitality firm's stake in Bengaluru hotels

Infrastructure

26 September, 2018

SAMHI buys out MNC hospitality firm's stake in Bengaluru hotels

Goldman Sachs-backed hospitality company SAMHI Hotels Pvt. Ltd has bought out its multinational partner from a joint venture company that ......