financial services
Finance
India M&A deal value hits record high at $112.8 bn in 2021: Report
India’s dealmaking ecosystem reached a new milestone during 2021. While the private equity activity peaked during the year, the mergers ......
Finance
Incofin, MAJ-backed Save Solutions acquires regional housing finance firm NHHFDL
Save Solutions Pvt Ltd, a rural-focused financial services group, has acquired New Habitat Housing Finance and Development Ltd (NHHFDL), the ......
Finance
Piramal aims to reduce the wholesale loan book of DHFL after merger
After Piramal Capital and Housing Finance Ltd (PCHFL) merges with Dewan Housing Finance Corporation Ltd, the combined entity will aim ......
Finance
Anand Rathi explores private funding round for wealth unit after shelving IPO
Financial services group Anand Rathi is raising a private round of equity capital for its wealth business, which called off ......
Finance
Edelweiss' NBFC unit loses senior executive
A senior executive at the non-banking financial company (NBFC) unit of diversified financial services company Edelweiss Group has resigned, two ......
Finance
Anand Rathi's wealth management arm calls off IPO
Financial services group Anand Rathi said on Wednesday that it has shelved plans to list its wealth management arm on ......
Finance
PE-backed Aavas Financiers raises $29 mn from CDC via masala bonds
Home-loan company Aavas Financiers Ltd has raised Rs 200 crore ($28.7 million) from UK government-owned development financial institution CDC Group ......
Finance
Anand Rathi Wealth's proposal to go public hits a snag
Financial services company Anand Rathi Group’s plan to list its wealth management arm has hit a temporary roadblock. The Securities and ......
Finance
PE firms, banks express interest in two IL&FS units
India’s debt-laden Infrastructure Leasing & Financial Services (IL&FS) said on Monday it received more than a dozen expressions of interest ......
Finance
GIC hikes stake in CPPIB-backed Kotak Mahindra Bank
Singapore’s sovereign wealth fund GIC has increased its shareholding in Kotak Mahindra Bank Ltd while Scottish investment firm Edinburgh Dragon ......