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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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Deals Digest: Momentum slows even further than last week's lows

General

05 January, 2024

Deals Digest: Momentum slows even further than last week's lows

Private equity and venture capital deal flow started 2024 on a snail-like pace as momentum in terms of value remained ......

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Bain Capital expands harvest from BFSI bet to over $1.3 bn but did it meet the benchmark?

Finance

13 December, 2023

Bain Capital expands harvest from BFSI bet to over $1.3 bn but did it meet the benchmark?

Bain Capital, one of the less aggressive among the bulge-bracket global private equity firms active in India, has harvested more ......

Former Axis Bank exec teams up with Stride's Panda to float venture debt fund

Finance

25 October, 2023

Former Axis Bank exec teams up with Stride's Panda to float venture debt fund

Rahul Gupta, Axis Bank’s former head for financial sponsors coverage, and Stride Ventures’ chief financial officer Siba Panda have teamed ......

Citi India sees $22 bn in equity capital deals in 2023, says CEO

Finance

06 October, 2023

Citi India sees $22 bn in equity capital deals in 2023, says CEO

Citi India expects to see equity capital market deals worth $20-22.5 billion in 2023, amid strong local markets and a ......

Axis Bank investment banking unit co-CEO Negandhi resigns

Finance

18 September, 2023

Axis Bank investment banking unit co-CEO Negandhi resigns

The co-CEO of Axis Bank's investment banking unit Axis Capital, Chirag Negandhi, has resigned, according to an internal memo seen ......