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Warburg acquires controlling stake in MSME lender Vistaar Finance

Finance

29 May, 2023

Warburg acquires controlling stake in MSME lender Vistaar Finance

Private equity firm Warburg Pincus has acquired a controlling stake in Vistaar Finance, an NBFC lending to micro, small and ......

Byju's refutes claims made in US court, calls it 'bewildering'

TMT

19 May, 2023

Byju's refutes claims made in US court, calls it 'bewildering'

Edtech giant BYJU'S has refuted claims that it is hiding $500 million through its US-based company, BYJU'S Alpha. Terming BYJU's ......

Zee insolvency case: NCLT dismisses IDBI Bank's plea

TMT

19 May, 2023

Zee insolvency case: NCLT dismisses IDBI Bank's plea

The National Company Law Tribunal (NCLT), on Friday, rejected IDBI Bank's insolvency plea against Zee Entertainment. The bank had applied ......

SBI Funds gets RBI nod to buy 9.99% of HDFC Bank in multi-billion-dollar deal

Finance

18 May, 2023

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 ......

ZestMoney appoints new senior management after founders quit

TMT

16 May, 2023

ZestMoney appoints new senior management after founders quit

A day after all co-founders of ZestMoney decided to step down, the Bengaluru-based digital lending startup has announced a new ......

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Chiratae Ventures hits final close of debut growth fund

Finance

03 May, 2023

Chiratae Ventures hits final close of debut growth fund

Early-stage investor Chiratae Ventures (formerly IDG Ventures India) has announced the final close of its maiden growth fund at ₹1,001 ......

HDFC likely to appoint Jefferies for $1 bn Credila sale

Finance

02 May, 2023

HDFC likely to appoint Jefferies for $1 bn Credila sale

India's largest mortgage financier, HDFC Ltd has picked Jefferies Financial Group Inc to manage the sale of a unit that ......

Minda Corp moves competition watchdog for buying stake in rival

Infrastructure

02 May, 2023

Minda Corp moves competition watchdog for buying stake in rival

Manufacturer of auto parts Minda Corporation will file an application before the Competitive Commission of India (CCI) to increase its ......

HDFC Bank acquires stake in Singapore-based PE fund manager

Finance

24 April, 2023

HDFC Bank acquires stake in Singapore-based PE fund manager

HDFC Bank on Monday announced that it to acquire a 20 per cent or more stake in Griha Pte, a ......

KIAL to halt startup fund of funds citing correcting valuations

TMT

13 April, 2023

KIAL to halt startup fund of funds citing correcting valuations

Kotak Investment Advisors (KIAL) decided to pause its Kotak India Alternate Allocation Fund, a Fund of Funds (FoF) that was ......