Latest News Roundup News | News Roundup News | News Roundup Funding | News Roundup Fund - vccircle
Advertisement

News Roundup

ICICI Bank sells Essar Steel loans to Edelweiss ARC; IT sector to lose 6.4 lakh jobs by 2021

General

ICICI Bank sells Essar Steel loans to Edelweiss ARC; IT sector to lose 6.4 lakh jobs by 2021

ICICI Bank Ltd has sold Rs 1,000-1,500 crore of its loans to debt-laden Essar Steel Ltd to Edelweiss...

IL&FS Investment raising $500 mn infra fund; Sequoia-backed Genesis Colors plans IPO

General

IL&FS Investment raising $500 mn infra fund; Sequoia-backed Genesis Colors plans IPO

IL&FS Investment Managers Ltd is raising a $500 million infrastructure fund to invest in roads and ...

PE firm Kedaara Capital in talks to pick up minority stake in Sutures India; IOC-led consortium agrees to buy 23.9% stake in Russia's Vankor

General

PE firm Kedaara Capital in talks to pick up minority stake in Sutures India; IOC-led consortium agrees to buy 23.9% stake in Russia's Vankor

Private equity firm Kedaara Capital is in an advanced stage of discussion to acquire minority stake ...

GMR seeks investors for airports biz; FinMin, RBI may float special funds for stressed assets

General

GMR seeks investors for airports biz; FinMin, RBI may float special funds for stressed assets

GMR Infrastructure Ltd is in advanced talks with private equity firms KKR & Co and Apollo Global ...

Ola to raise fresh funds; Tata Power to buy 25% of Resurgent Power

General

Ola to raise fresh funds; Tata Power to buy 25% of Resurgent Power

ANI Technologies Pvt Ltd, which runs taxi aggregator Ola, is in talks with investors to raise a new ...

Govt drops plan to raise FDI cap in aviation; Indian cement firms eye LafargeHolcim's Sri Lankan biz

General

Govt drops plan to raise FDI cap in aviation; Indian cement firms eye LafargeHolcim's Sri Lankan biz

The aviation ministry has dropped a proposal to raise the foreign investment limit in local airline ...

India, Cyprus to negotiate changes in tax treaty; Bharti Infratel in talks to buy Tower Vision

General

India, Cyprus to negotiate changes in tax treaty; Bharti Infratel in talks to buy Tower Vision

A delegation from Cyprus is likely to visit India in the next few weeks to discuss the changes to ...

RBI against banks taking majority stake in stressed asset funds; Apple plans to take Mac PCs to smaller cities

General

RBI against banks taking majority stake in stressed asset funds; Apple plans to take Mac PCs to smaller cities

The Reserve Bank of India (RBI) has said that the stressed assets fund the government is looking to ...

KKR in talks with SBI, ICICI for bad loan portfolio; Lemon Tree in talks with PE firms for stake sale

General

KKR in talks with SBI, ICICI for bad loan portfolio; Lemon Tree in talks with PE firms for stake sale

New York-based private equity firm KKR & Co LP is in talks with State Bank of India and ICICI Bank ...

PE funds' buyout deals may attract higher tax; More support for Raghuram Rajan

General

PE funds' buyout deals may attract higher tax; More support for Raghuram Rajan

India's tax department has issued a circular that gives tax officers freedom to determine whether ...