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Indian Bank, Union Bank hire bankers to raise money from capital markets

Finance

14 September, 2017

Indian Bank, Union Bank hire bankers to raise money from capital markets

Listed public sector lenders Indian Bank and Union Bank of India Ltd have initiated the process of raising money from ......

Is the car-leasing strategy of Ola, Uber working?

TMT

04 September, 2017

Is the car-leasing strategy of Ola, Uber working?

Ride-hailing firm Ola has secured a loan of Rs 1,000 crore from Yes bank to finance its cab-leasing business. Ola ......

Myntra's B2B fashion retail arm gets debt funding

TMT

31 August, 2017

Myntra's B2B fashion retail arm gets debt funding

Myntra Jabong India Pvt. Ltd, the business-to-business fashion retail arm of Flipkart-owned online fashion retailer Myntra, has secured a loan ......

Yes Bank secures $150 mn funding from OPIC to back SMEs

Finance

14 July, 2017

Yes Bank secures $150 mn funding from OPIC to back SMEs

India’s fifth-largest private sector lender Yes Bank has signed a pact with US development finance institution Overseas Private Investment Corporation ......

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Rabo Equity seeks to exit packaging materials maker

Manufacturing

12 July, 2017

Rabo Equity seeks to exit packaging materials maker

Homegrown private equity firm Rabo Equity Advisors Pvt. Ltd, which focusses on food and agri-businesses, is looking to exit a ......

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Lenders take control of cash-strapped engineering firm Aster

Infrastructure

14 June, 2017

Lenders take control of cash-strapped engineering firm Aster

A group of lenders to Aster Pvt. Ltd has taken control of the Hyderabad-based engineering services provider after the company, ......

Rana Kapoor's family office to bet on early-stage startups

Finance

05 May, 2017

Rana Kapoor's family office to bet on early-stage startups

Yes Bank CEO and managing director Rana Kapoor’s daughters have identified several new businesses to invest in, mentor and incubate, ......

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Govt appoints merchant bankers for IPOs of three rail PSUs

TMT

02 May, 2017

Govt appoints merchant bankers for IPOs of three rail PSUs

The government has set the ball rolling for the listing of three subsidiaries of the Indian Railways by hiring merchant ......

Co-working space startup Awfis bags $20 mn from Sequoia India

TMT

26 April, 2017

Co-working space startup Awfis bags $20 mn from Sequoia India

Delhi-based Awfis Space Solutions Pvt Ltd, which offers shared working spaces, has raised $20 million (Rs 127 crore) in a ......

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Godrej hires former legal head of American professional services firm

People

10 April, 2017

Godrej hires former legal head of American professional services firm

Nilanjan SinhaFinancial services and management consulting firm Marsh & McLennan Companies India has seen one of its senior level ......