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International Finance Corporation

Sachin Bansal's Navi buys insurer, seeks bank licence; IFC values firm at $660 mn

Finance

10 January, 2020

Sachin Bansal's Navi buys insurer, seeks bank licence; IFC values firm at $660 mn

Navi Technologies Pvt. Ltd, a company set up by Flipkart co-founder Sachin Bansal after he left the online retailer, is ......

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I Squared's Cube Highways to acquire another road asset in India

Infrastructure

09 January, 2020

I Squared's Cube Highways to acquire another road asset in India

Singapore-based Cube Highways and Infrastructure Pte. Ltd, which owns and operates toll roads in India, has agreed to acquire...

IFC plans $22.5 mn debt investment in pulse processor ETC Agro

Manufacturing

09 January, 2020

IFC plans $22.5 mn debt investment in pulse processor ETC Agro

International Finance Corporation (IFC) has proposed a debt investment of up to $22.5 million (Rs 160 crore) in pulse processor...

IFC to make debt investment in Mahindra Renewables

Infrastructure

08 January, 2020

IFC to make debt investment in Mahindra Renewables

International Finance Corporation plans to make a debt investment of $36 million (about Rs 260 crore) in Mahindra Renewables Pvt....

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Flashback 2019: What changed, what didn't in this year's list of top PE firms

Finance

30 December, 2019

Flashback 2019: What changed, what didn't in this year's list of top PE firms

Singapore sovereign wealth fund GIC Pte Ltd retained its position among the most active private equity-style investors in India...

Adani Ports to acquire IFC-backed Snowman Logistics

Infrastructure

27 December, 2019

Adani Ports to acquire IFC-backed Snowman Logistics

Adani Ports & SEZ Ltd said on Friday it has agreed to acquire a controlling stake in Snowman Logistics Ltd ......

Flipkart buys minority stake in B2B logistics startup Shadowfax

TMT

05 December, 2019

Flipkart buys minority stake in B2B logistics startup Shadowfax

Walmart Inc.-owned online retailer Flipkart has bought a minority stake in business-to-business logistics startup Shadowfax. The...

Sam Zell-backed SAMHI Hotels gets SEBI nod to float IPO

Consumer

02 December, 2019

Sam Zell-backed SAMHI Hotels gets SEBI nod to float IPO

Gurugram-based SAMHI Hotels Ltd, which owns the largest number of Marriot, IHG and Hyatt hotels in India, has received regulatory...

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NephroPlus CEO on selecting Investcorp despite other higher valuation offers and more

Healthcare

29 November, 2019

NephroPlus CEO on selecting Investcorp despite other higher valuation offers and more

Nephrocare Health Services Pvt. Ltd, which operates a chain of dialysis centres under the NephroPlus brand, is a clear leader ......

Grapevine: Varde proposes Altico infusion; Cube Highways wins road auctions

General

21 November, 2019

Grapevine: Varde proposes Altico infusion; Cube Highways wins road auctions

Stressed home financier Altico Capital received a proposal for infusion of Rs 1,000 crore ($139.3 million at current exchange...

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