SBI Mutual Fund
Finance
SBI Funds gets RBI nod to buy 9.99% of HDFC Bank in multi-billion-dollar deal
The Reserve Bank of India (RBI) has given SBI Funds Management (SBIFML) -a joint venture between State Bank of India ......
Consumer
Everstone wrings out extra cash from Burger King India as IPO lures more investors
Private equity firm Everstone Capital has sold more stake in Burger King India Ltd outside of the fast-food chain’s ongoing ......
Manufacturing
Tube Investments raises funding from Azim Premji Trust, SBI Mutual Fund
Murugappa Group company Tube Investments of India Ltd has announced fundraising of Rs 350 crore ($47 million) from Azim Premji ......
Finance
US hedge fund, SBI MF get nod to raise stake in IndusInd Bank, CSB Bank
The Reserve Bank of India has allowed two shareholders of IndusInd Bank and CSB Bank to increase their individual stakes ......
Manufacturing
Neogen Chemicals raises $5.7 mn from anchor investors ahead of IPO
Speciality chemicals maker Neogen Chemicals Ltd has raised Rs 39.70 crore ($5.7 million) from anchor investors ahead of its initial ......
Consumer
PremjiInvest, IDFC & others pick up stake in Emami for $224 mn
The promoters of the diversified Emami Group on Monday announced the sale of 10% stake in fast-moving consumer goods (FMCG) ......
Finance
Exclusive: SBI Funds to raise new corpus for stressed assets
SBI Funds Management Pvt. Ltd, the asset management arm of State Bank of India, is raising capital for a new ......
Infrastructure
Why Blackstone may not be proud of exiting another legacy India portfolio firm
The Blackstone Group on Wednesday made a full exit from the almost decade-old investment in Allcargo Logistics Ltd, which is ......
Manufacturing
ChrysCap sells over 9% stake in Balkrishna Industries for $38M
Private equity firm ChrysCapital has sold off most of its 9.59 per cent stake in the public-listed Balkrishna Industries Ltd, ......
