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Indiabulls pulls out more from OakNorth but gains get clipped from peak valuation

Finance

16 October, 2020

Indiabulls pulls out more from OakNorth but gains get clipped from peak valuation

Indiabulls Housing Finance Ltd has raised Rs 220 crore ($30 million) by selling shares of UK-based OakNorth Bank Ltd’s parent, ......

Indiabulls Housing raises $60 mn more via stake sale in UK's OakNorth

Finance

09 October, 2020

Indiabulls Housing raises $60 mn more via stake sale in UK's OakNorth

Indiabulls Housing Finance Ltd said Friday it has raised Rs 441 crore (about $60 million) by selling another chunk of ......

AION Capital-backed Clix makes non-binding offer for Lakshmi Vilas Bank

Finance

08 October, 2020

AION Capital-backed Clix makes non-binding offer for Lakshmi Vilas Bank

India's Lakshmi Vilas Bank (LVB) has received a non-binding offer from Clix Group, the private sector lender said on Thursday, ......

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Indiabulls Housing strikes multi-bagger as UK's OakNorth valued at $2.1 bn

Finance

10 September, 2020

Indiabulls Housing strikes multi-bagger as UK's OakNorth valued at $2.1 bn

Indiabulls Housing Finance Ltd has made a multi-fold gain by selling another chunk of its stake in British lender OakNorth ......

Sameer Gehlaut steps down as Indiabulls Housing chairman

Finance

12 August, 2020

Sameer Gehlaut steps down as Indiabulls Housing chairman

Sameer Gehlaut, who founded Indiabulls Group with two others 20 years ago before splitting it in 2014, has stepped down ......

Grapevine: BillDesk up for sale again; Edelweiss sells sticky loans to SSG, Farallon

General

06 July, 2020

Grapevine: BillDesk up for sale again; Edelweiss sells sticky loans to SSG, Farallon

IndiaIdeas.com Ltd has revived efforts to sell the entire business of its BillDesk payments gateway unit and is in talks ......

AION-backed Clix Capital eyes troubled Lakshmi Vilas Bank

Finance

15 June, 2020

AION-backed Clix Capital eyes troubled Lakshmi Vilas Bank

Clix Capital, a non-bank lender controlled by private equity firm AION Capital, has shown preliminary interest to acquire cash-starved Lakshmi ......

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As coronavirus gears up to flog dividends, a look at the stock goodies dangled in the past

Finance

27 April, 2020

As coronavirus gears up to flog dividends, a look at the stock goodies dangled in the past

In the wake of the coronavirus pandemic, India has been in a nation-wide lockdown for more than a month now, ......

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In Charts: Here are the costliest and cheapest stocks across sectors

Markets

21 April, 2020

In Charts: Here are the costliest and cheapest stocks across sectors

The coronavirus pandemic has shaken up global capital markets. In India, too, stocks have plummeted, with the benchmark BSE Sensex ......

Sensex, Nifty slide as banks slump; earnings in focus

Markets

10 October, 2019

Sensex, Nifty slide as banks slump; earnings in focus

Indian markets closed lower on Thursday, led by a sharp drop in banking shares, while investors awaited a raft of ......