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Ecofy Finance secures $12.5 mn from offshore investor

Finance

25 March, 2025

Ecofy Finance secures $12.5 mn from offshore investor

Ecofy Finance, a green transition-focused non-banking financial company (NBFC), has secured capital from an offshore investor.  Co-founded by financial services veterans ......

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Ares-backed ACRE increases focus on retail loan segment to drive growth

Finance

20 March, 2025

Ares-backed ACRE increases focus on retail loan segment to drive growth

Assets Care & Reconstruction Enterprise Ltd (ACRE), backed by US-based alternative investment firm Ares Management, is ramping up its efforts ......

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Grapevine: KKR, Partners Group, Darwinbox, Axis Finance, ePlane, Composio in news

General

27 February, 2025

Grapevine: KKR, Partners Group, Darwinbox, Axis Finance, ePlane, Composio in news

Human resources technology platform Darwinbox is nearing a funding round which could likely value it around $950 million while Axis ......

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Axis Bank taps overseas investor to raise $500 mn

Finance

07 February, 2025

Axis Bank taps overseas investor to raise $500 mn

Axis Bank, India's fourth-largest lender by market capitalisation, is set to raise up to $500 million (about Rs 4,370 crore) ......

IT stocks drags Indian equity benchmarks to weekly losses

Markets

17 January, 2025

IT stocks drags Indian equity benchmarks to weekly losses

India's benchmark indexes declined on Friday and logged weekly losses as IT companies tumbled on mounting worries about earnings growth ......

Axis Bank raises stake in Max Life Insurance

Finance

19 June, 2024

Axis Bank raises stake in Max Life Insurance

India's Axis Bank acquired additional equity shares of Max Life Insurance Company, a unit of Max Financial Services, for 3.36 ......

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Grapevine: Temasek may join race for CVC's stake in HCG; Coca-Cola India's bottling arm mulls IPO

General

03 May, 2024

Grapevine: Temasek may join race for CVC's stake in HCG; Coca-Cola India's bottling arm mulls IPO

Singapore's Temasek Holdings is considering a bid for CVC Capital Partners' controlling stake in Healthcare Global Enterprises Ltd (HCG), a media report said.  Temasek may opt ......

Sensex, Nifty post weekly gains on easing Middle East worries, stable earnings

Markets

26 April, 2024

Sensex, Nifty post weekly gains on easing Middle East worries, stable earnings

India's benchmark indexes fell on Friday, dragged by financials, although the losses were not enough to prevent weekly gains, powered ......

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Bain Capital logs off from another India bet with tepid returns

Finance

09 April, 2024

Bain Capital logs off from another India bet with tepid returns

Bain Capital, a bulge-bracket global private equity firm that was particularly active in India last year having struck three new deals and ......

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Grapevine: Serentica mulls stake sale; Pine Labs, Zepto may shift HQ to India

General

20 March, 2024

Grapevine: Serentica mulls stake sale; Pine Labs, Zepto may shift HQ to India

Serentica Renewables, backed by Sterlite Power, is in talks to sell a minority stake to raise about $300 million (Rs ......

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