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Indian lenders step up fundraising via infrastructure bonds as spending rises

Infrastructure

27 September, 2023

Indian lenders step up fundraising via infrastructure bonds as spending rises

Indian lenders are rushing to raise funds via longer term infrastructure bonds amid an increase in federal government spending. Banks have ......

Zyla Health raises funds from Canara Bank's venture fund arm, others

Healthcare

28 July, 2022

Zyla Health raises funds from Canara Bank's venture fund arm, others

Canbank Venture Capital Fund Ltd has invested $1 million (around Rs 8 crore) in personalized healthcare management platform, Zyla Health ......

Gupshup buys Sequoia-backed OneDirect in 4th acquisition this year

TMT

02 June, 2022

Gupshup buys Sequoia-backed OneDirect in 4th acquisition this year

Gupshup on Thursday said it has acquired omnichannel customer service platform OneDirect in the conversational messaging platform's fourth acquisition this ......

State-run Canara Bank to raise up to $1.2 bn via debt, equity

Finance

28 May, 2021

State-run Canara Bank to raise up to $1.2 bn via debt, equity

State-run Canara Bank said on Friday it will raise up to Rs 9,000 crore ($1.2 billion) in debt and equity ......

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GIC tastes a lemon from partial exit in housing finance firm

Finance

06 October, 2020

GIC tastes a lemon from partial exit in housing finance firm

Singapore’s GIC Pte Ltd, which is one of the most active sovereign wealth funds in India, has sold a second ......

Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva

General

15 September, 2020

Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva

The capital markets regulator has approved the setting up of IL&FS’ infrastructure investment trust (InvIT) that would take over at ......

Sensex, Nifty enjoy stimulus boost; details eyed

Markets

13 May, 2020

Sensex, Nifty enjoy stimulus boost; details eyed

A surge in banking stocks helped Indian shares settle higher on Wednesday after the government unveiled Rs 20 trillion ($266 ......

ONGC, HPCL buy out state-run banks from Petronet MHB

Infrastructure

27 February, 2020

ONGC, HPCL buy out state-run banks from Petronet MHB

Oil & Natural Gas Corp and its unit Hindustan Petroleum Corp have struck a deal to acquire the 34.56% they ......

Canara Bank calls off plan to sell housing finance arm yet again

Finance

14 January, 2020

Canara Bank calls off plan to sell housing finance arm yet again

Canara Bank said on Tuesday it has scrapped a plan to sell its entire stake in housing finance arm Can ......

Grapevine: CDPQ to buy roads from GIP; KKR, others may bid for Emami cement unit

General

16 October, 2019

Grapevine: CDPQ to buy roads from GIP; KKR, others may bid for Emami cement unit

Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) has agreed to buy road platform Highway Concessions One ......