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Axis Bank snaps up Citigroup's India consumer business

Consumer

01 March, 2023

Axis Bank snaps up Citigroup's India consumer business

Citibank's customers will witness a major transformation from Wednesday as the grand old bank, which started its India operations back ......

Premium
KKR looking at another big Indian stake sale as Avendus put on the block

Finance

13 September, 2022

KKR looking at another big Indian stake sale as Avendus put on the block

Homegrown financial services group Avendus Capital Pvt. Ltd is up for sale, with private equity firm KKR & Co. planning ......

British International Investment appoints Satish Chavva to head PE for South Asia

People

21 April, 2022

British International Investment appoints Satish Chavva to head PE for South Asia

Oman India Joint Investment Fund’s Satish Chavva has been appointed by the British International Investment or BII (formerly CDC), to ......

Axis Bank to acquire Citi's consumer business in India for $1.6 bn

Finance

30 March, 2022

Axis Bank to acquire Citi's consumer business in India for $1.6 bn

Private sector lender Axis Bank has agreed to acquire Citibank's consumer business in India for Rs 12,325 crore ($1.62 billion), in an ......

Citi backs equity management platform Qapita; joins Series A round

Finance

30 November, 2021

Citi backs equity management platform Qapita; joins Series A round

Qapita, a software-as-a-service (SaaS) platform focused on equity and transaction management for the private market, has secured a strategic partnership ......

Grapevine: CarTrade to file draft papers for IPO; Mogae Media buys Rediffusion

General

03 May, 2021

Grapevine: CarTrade to file draft papers for IPO; Mogae Media buys Rediffusion

Auto classifieds platform CarTrade is set to file draft papers for an initial public offering (IPO), two people told Mint.  “CarTrade ......

Grapevine: Blackstone to lose Amit Jain, may exit Mphasis

General

23 November, 2020

Grapevine: Blackstone to lose Amit Jain, may exit Mphasis

Blackstone India senior managing director Amit Jain is set to quit but yet to formally put in his papers, people ......

Grapevine: Bain faces margin calls as Axis Bank shares fall; VCs set up corona fund

General

31 March, 2020

Grapevine: Bain faces margin calls as Axis Bank shares fall; VCs set up corona fund

Private equity investor Bain Capital is facing margin calls from three lenders -- JPMorgan, Citi and Nomura -- as the ......

Grapevine: Tiger Global closes mega fund, likely to lead Dream11 funding

General

27 January, 2020

Grapevine: Tiger Global closes mega fund, likely to lead Dream11 funding

New York-based Tiger Global Management has closed a $3.75 billion (about Rs 26,800 crore at current exchange rate) global private ......

Veteran Citi dealmaker Pramit Jhaveri gets Asia-Pac role; SSG bids for Uttam Galva assets

General

25 January, 2019

Veteran Citi dealmaker Pramit Jhaveri gets Asia-Pac role; SSG bids for Uttam Galva assets

Citibank India CEO Pramit Jhaveri has been named the vice-chairman of the company’s banking, capital markets and advisory business across ......