Beena Parmar
Finance
Chief of Fairfax-controlled CSB Bank takes early retirement
The chief of Fairfax-controlled CSB Bank, CVR Rajendran has decided to step down from March end this year citing health ......
Consumer
Ice creams to startups; Chona Family Office charts investment roadmap
The Chona family, an investor in companies like Indiamart and PolicyBazaar, wants to sharpen its focus on funding passionate founders ......
Consumer
NCLAT revokes Vedanta unit's plan for Videocon Group, lenders may restart bidding process
A higher bankruptcy court on Wednesday set aside the National Company Law Tribunal (NCLT) order on Videocon Industries Ltd, allowing ......
Manufacturing
Holisol Logistics ups capital raising plans to $100 mn
Holisol Logistics Pvt Ltd, a tech-enabled supply chain logistics company, plans to raise around $80-100 million (around Rs 600-750 crore) ......
Finance
Distressed deals soar in 2021; Bad bank, IBC measures raise hopes for 2022
Calendar year 2021 opened doors for larger deals in the distressed assets space in 2022 following a year of some ......
Finance
HSBC Asset Management to acquire 100% of L&T Mutual Fund for $425 mn
L&T Finance Holdings will sell its mutual fund business L&T Investment Management Ltd to HSBC Asset Management (India) Ltd for ......
Finance
IIFL Wealth, others invest $53 mn in TPG Growth-backed SK Finance
Private equity-backed SK Finance (formerly Ess Kay Fincorp), a Jaipur-based unlisted used-vehicle and SME financier, has closed its Series F ......
TMT
Adar Poonawalla picks up 20% stake in JetSynthesys' video sharing arm Wakau
Serum Institute of India’s chief Adar Poonawalla has picked up a 20% stake in Wakau Interactive Pvt Ltd, a subsidiary ......
Consumer
TIW Private Equity-backed Credence Family Office to acquire 51% in Cumulative Ventures
Credence Family Office, backed by TIW Private Equity, is set to acquire a 51% equity stake in mid-market focused investor ......
Manufacturing
Bizongo raises $110 mn in funding led by Tiger Global, valuation at $600 mn
Private equity-backed Bizongo announced its latest fundraise of $110 million in Series D round led by New York-based Tiger Global ......