BFSI

Finance

01 February, 2020

Budget 2020: No recapitalisation for state-run banks, but some sops for small businesses

The Budget proposed the sale of the government's balance holding in IDBI Bank but didn't announce any recapitalisation of public ......

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Finance

20 June, 2019

PE-backed Annapurna Finance in talks to snap up microlender

Rural-focussed microfinance institution Annapurna Finance Pvt. Ltd is in talks to acquire a peer with an eye on expanding its ......

Finance

04 February, 2019

Asian Development Bank invests in PE-backed Annapurna Finance

Rural-focussed microfinance institution Annapurna Finance Pvt. Ltd said on Monday that it has raised Rs 137 crore ($19.1 million at ......

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Finance

06 November, 2018

Reliance Group's general insurance arm shelves IPO plans

Anil Ambani-led Reliance Group has put off plans to take its general insurance business public nearly a year after Reliance ......

Finance

05 November, 2018

PNB MetLife India Insurance gets SEBI nod to float IPO

PNB MetLife India Insurance Co. Ltd, which is among India’s top 10 life insurers by market share, has received regulatory ......

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Finance

01 May, 2018

Everstone, Indostar co-investors to yield good returns from partial exit via IPO

India- and Southeast Asia-focused private equity firm Everstone Capital and its co-investors in IndoStar Capital Finance Ltd will clock benchmark ......

Markets

09 April, 2018

Everstone-backed IndoStar Capital gets SEBI nod to float IPO

Non-banking finance company IndoStar Capital Finance Ltd has received regulatory approval to float an initial public offering.The NBFC, which his ......

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Finance

12 February, 2018

Everstone-led PE consortium eyes partial exit in IndoStar Capital's IPO

IndoStar Capital Finance Ltd, a non-banking financial company (NBFC), has filed its draft red herring prospectus (DRHP) with the country's ......