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Lakshmi Vilas Bank

Grapevine: Merger proposal for Lakshmi Vilas Bank hits rocks; Sachin Bansal to buy insurer

General

28 August, 2020

Grapevine: Merger proposal for Lakshmi Vilas Bank hits rocks; Sachin Bansal to buy insurer

The proposed majority stake acquisition of cash-starved Lakshmi Vilas Bank by AION Capital-backed SME lender Clix Capital may be called ......

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Clix Capital top exec quits ahead of proposed merger with Lakshmi Vilas Bank

Finance

08 July, 2020

Clix Capital top exec quits ahead of proposed merger with Lakshmi Vilas Bank

A top executive at Clix Capital, controlled by private equity firm AION Capital, is set to leave the firm even ......

Grapevine: Clermont Group to join Clix Capital in acquisition of Lakshmi Vilas Bank

General

03 July, 2020

Grapevine: Clermont Group to join Clix Capital in acquisition of Lakshmi Vilas Bank

Singapore-based private equity player Clermont Group is likely to join AION Capital-backed Clix Capital in the acquisition of capital-starved Lakshmi ......

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 ......

Grapevine: Carlyle frontrunner for Piramal pharma stake; NHAI InvIT to take off soon

General

12 June, 2020

Grapevine: Carlyle frontrunner for Piramal pharma stake; NHAI InvIT to take off soon

US-based private equity firm Carlyle has emerged as the frontrunner to pick up a 20% stake in Ajay Piramal’s pharma ......

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Yes Bank debacle: How healthy are smaller private-sector banks?

Finance

13 March, 2020

Yes Bank debacle: How healthy are smaller private-sector banks?

The Reserve Bank of India’s takeover of Yes Bank has heightened concerns about the health of other private-sector lenders, especially ......

Grapevine: Actis snaps up Acme's solar assets; Temasek looks to buy Lakshmi Vilas Bank

General

28 February, 2020

Grapevine: Actis snaps up Acme's solar assets; Temasek looks to buy Lakshmi Vilas Bank

Emerging markets-focussed private equity fund Actis has acquired the solar energy assets with a capacity of 600 megawatt from Acme ......

Grapevine: KKR puts credit fund plan on ice; Warburg, others eye part-exit from CAMS

General

04 December, 2019

Grapevine: KKR puts credit fund plan on ice; Warburg, others eye part-exit from CAMS

United States-based private equity firm KKR & Co. Inc. has decided to put off plans to raise a Rs 5,000 ......

Embassy Group to retain 14% stake in Indiabulls' real estate business

Infrastructure

11 October, 2019

Embassy Group to retain 14% stake in Indiabulls' real estate business

Real estate developer Embassy Group is planning to retain its 14% stake in Indiabulls Real Estate Ltd even though the ......

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 ......