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Federal Bank to invest in financial services unit via rights issue

Finance

18 May, 2021

Federal Bank to invest in financial services unit via rights issue

Private sector lender Federal Bank on Tuesday said it would invest Rs 148 crore ($20.2 million) in its financial services ......

Grapevine: Adani, others bid for solar tender; IDBI Bank to complete stake sale in JV

General

31 December, 2020

Grapevine: Adani, others bid for solar tender; IDBI Bank to complete stake sale in JV

The Adani Group has bid for the entire 6.4 gigawatt (GW) capacity aimed at powering the farms of Andhra Pradesh ......

Businessman BR Shetty seeks CBI, ED probe of NMC, Finablr ex-CEOs over $6 bn scandal

Healthcare

12 October, 2020

Businessman BR Shetty seeks CBI, ED probe of NMC, Finablr ex-CEOs over $6 bn scandal

Indian entrepreneur BR Shetty has filed a complaint with federal investigative agencies in India seeking a probe into two former ......

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PE, M&A deals in financial sector sink but GIC, CPPIB bet more

Finance

21 July, 2020

PE, M&A deals in financial sector sink but GIC, CPPIB bet more

The number of private equity deals, mergers and acquisitions in the financial services sector touched the lowest level in at ......

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Equirus hires former JM Financial dealmaker to boost i-banking unit

Finance

20 July, 2020

Equirus hires former JM Financial dealmaker to boost i-banking unit

Financial advisory and investment banking firm Equirus Capital Pvt. Ltd has recruited a top dealmaker who has more than two ......

IDBI Bank to pare stake in insurance JV with Ageas, Federal Bank

Finance

29 June, 2020

IDBI Bank to pare stake in insurance JV with Ageas, Federal Bank

IDBI Bank has approved selling a 27% stake in its life insurance joint venture with Federal Bank and Belgium’s Ageas ......

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As coronavirus gears up to flog dividends, a look at the stock goodies dangled in the past

Finance

27 April, 2020

As coronavirus gears up to flog dividends, a look at the stock goodies dangled in the past

In the wake of the coronavirus pandemic, India has been in a nation-wide lockdown for more than a month now, ......

Three lenders trim stake in Yes Bank within two weeks of investment

Finance

23 April, 2020

Three lenders trim stake in Yes Bank within two weeks of investment

Three private-sector banks, which had pitched in to save Yes Bank from the brim of a collapse last month, have ......

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True North to pump more money into financial services firm

Finance

31 March, 2020

True North to pump more money into financial services firm

Homegrown mid-market private equity firm True North is set to invest an additional sum in a financial services company, according ......

Grapevine: Carlyle, Brookfield, Tilden Park Capital may eye Yes Bank

General

23 March, 2020

Grapevine: Carlyle, Brookfield, Tilden Park Capital may eye Yes Bank

Troubled private sector lender Yes Bank may attract interest from a clutch of foreign investors as part of a massive ......