Ajay writes on the banking, financial services, and insurance segment. He is keen on analysing the multi-fold impact of any news development, and putting it across in the long-form.
Finance
Piramal Finance to exit Shriram Life, pocket $67 mn from stake sale
Piramal Finance will sell its 14.7% stake in Shriram Life Insurance to Sanlam Emerging Markets (Mauritius) for Rs 600 crore ......
Finance
Japan's MUFG Bank to buy 20% stake in Shriram Finance in largest foreign NBFC bet
Japan’s MUFG Bank will acquire a 20% stake in Shriram Finance for Rs 39,618 crore ($4.4 billion), marking the largest ......
Finance
Edelweiss' alternative investment arm revives IPO plan
EAAA India Alternatives’ plan to list on bourses is now back on track, after its earlier attempt stalled after the ......
Finance
Temasek adds a new BFSI company to India portfolio
Singapore-state investment firm Temasek, which operates independent of the city state’s sovereign fund GIC and has built a large Indian ......
Manufacturing
True North's private credit arm invests $8.3 mn in Samtel Avionics
True North's private credit vertical has invested Rs 75 crore (around $8.3 million) in aerospace and defence firm Samtel Avionics, ......
Finance
Japan's Mizuho to buy majority stake in Avendus from KKR
Redpoint Investments, an affiliate of private-equity giant KKR, will sell its stake in financial services firm Avendus Capital, to Mizuho ......
People
Bain Capital ropes in old hand to head special situations ops in India
American private equity firm Bain Capital has brought back a former executive to head its special situations and real estate ......
People
Former Edelweiss Alts exec joins finserv firm to lead private credit biz
A former Edelweiss Alternatives executive has joined financial services firm Ashika Investment Managers to head its newly launched private credit ......
General
Private credit norms across Gulf must be streamlined: Amplify's Sharaf Sharaf at VCCircle LP Summit
The streamlining of regulatory norms across Gulf countries will bolster private credit investments in the region, Sharaf Sharaf, Fund Head, ......
Finance
TPG-backed fintech platform Fibe bags $35 mn cheque from IFC
Fintech platform Fibe has raised $35 million (Rs 314 crore) from the International Finance Corporation (IFC), the private-sector investment arm ......















