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KKR-backed Avendus revamps wealth management biz as another exec quits

Finance

02 March, 2020

KKR-backed Avendus revamps wealth management biz as another exec quits

Avendus Capital Pvt. Ltd is overhauling its wealth management arm a decade after starting the business, as the Mumbai-based financial ......

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Former Blackstone execs may team up for InCred's public market fund

Finance

24 February, 2020

Former Blackstone execs may team up for InCred's public market fund

InCred Capital, the institutional and wealth management arm of InCred Group, plans to float a public market investment fund that ......

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InCred in talks to buy boutique investment bank

Finance

10 February, 2020

InCred in talks to buy boutique investment bank

The capital markets, asset management and investment banking unit of Mumbai-based lender InCred Financial Services Ltd has approached several players ......

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Anshu Jain-backed InCred teams up with VC firm to float credit fund

Finance

06 November, 2019

Anshu Jain-backed InCred teams up with VC firm to float credit fund

InCred Financial Services Ltd has launched a credit fund under its wealth and asset management arm through a partnership with ......

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Investment bank Lazard downsizing India operations

Finance

09 September, 2019

Investment bank Lazard downsizing India operations

New York-listed investment bank Lazard Ltd is said to be scaling down its India operations and laying off executives, VCCircle ......

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Foreign investor commits capital to Anshu Jain-backed InCred Finance

Finance

18 February, 2019

Foreign investor commits capital to Anshu Jain-backed InCred Finance

InCred Finance, a non-banking financial company (NBFC) backed by private equity firms and former Deutsche Bank co-chief executive Anshu Jain, ......

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Veteran equity capital market I-banker joins conglomerate

Finance

16 November, 2018

Veteran equity capital market I-banker joins conglomerate

A veteran investment banker has moved to join a diversified Indian conglomerate as the financial chief of its wholly-owned subsidiary. Sanjay ......

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How the pecking order of foreign banks is changing in India

Finance

28 September, 2018

How the pecking order of foreign banks is changing in India

Foreign banks operating in India are in a better position than their domestic peers when it comes to toxic assets ......

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How PE funds, foreign banks are changing tack in battle for stressed assets

Finance

03 August, 2018

How PE funds, foreign banks are changing tack in battle for stressed assets

When Indian authorities started cracking down on banks’ bad loans two years ago, several private equity firms and stressed assets ......

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Top Edelweiss executive quits to join Gunit Chadha's NBFC

People

07 June, 2018

Top Edelweiss executive quits to join Gunit Chadha's NBFC

A top executive of financial services conglomerate Edelweiss Group is set to join the non-banking financial company (NBFC) recently started ......