State Bank of India
Manufacturing
Once-iconic textile firm enters bankruptcy to weave its way out of crisis
A textile company that owns a once-iconic saree brand is the latest to enter bankruptcy proceedings after a Mumbai-based asset...
Finance
State Bank of India's alternative assets arm gets new chief executive
A senior executive from India’s largest lender State Bank of India will head its step-down unit, SBICAP Ventures Ltd, which...
Finance
Bank mergers keep financial sector in focus but PE deals slip again in Jan-March
India’s banking, financial services and insurance (BFSI) sector recorded seven big mergers in the first quarter of 2020...
Finance
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,...
TMT
Top-funded Indian startups' ad & marketing spends more than doubled to $1.35 bn
Backed with venture money, India’s best-funded startups went aggressive in attracting and retaining customers -- so much...
Manufacturing
JSW's Sajjan Jindal eyes another stressed assets target, set to buy steel firm
Billionaire Sajjan Jindal-owned JSW Projects Ltd is close to sealing a deal for a majority stake in a distressed steelmaker, ......
Finance
Yes Bank: Sweet bet for several PE firms before WestBridge's contrarian play went bust
‘Never catch a falling knife’ is a colloquial term widely and frequently used in the investment world when the price...
Finance
Carlyle-backed SBI Cards gets more PE, sovereign funds as investors ahead of IPO
SBI Cards & Payment Services Ltd, which counts US private equity major Carlyle Group as its backer, has raised Rs ......
Finance
VCCircle LP summit: Here's what investors want fund managers to do
General Partners should engage more with their investors and diversify their product offerings if they want a deeper commitment,...
Finance
Carlyle to make best-ever India returns as SBI Cards eyes $10-bn valuation in IPO
Private equity firm Carlyle Group will likely record its best-ever performance from its India portfolio as it readies to pare...
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