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Grapevine: Temasek nears VFS stake deal; LG Electronics taps banks for India IPO

General

16 September, 2024

Grapevine: Temasek nears VFS stake deal; LG Electronics taps banks for India IPO

Temasek Holdings Pte is nearing a deal to acquire a significant minority stake in VFS Global, valuing the visa outsourcing firm at ......

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Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit

General

10 September, 2024

Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit

Carlyle, Premji Invest, and Japan's Mizuho Financial Group are vying to acquire a controlling stake in Avendus Capital, currently owned by KKR, a media report ......

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Grapevine: Kedaara portfolio firm Ajax plans IPO; Rebel Foods-backed Slay Coffee to exit cloud kitchens

General

04 June, 2024

Grapevine: Kedaara portfolio firm Ajax plans IPO; Rebel Foods-backed Slay Coffee to exit cloud kitchens

Ajax Engineering, a concrete equipment maker backed by Kedaara Capital, is considering an initial public offering (IPO) that could raise Rs ......

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HSBC explores stepping up lending to Indian startups

Finance

15 September, 2023

HSBC explores stepping up lending to Indian startups

HSBC India plans to expand its funding corpus for startups after exhausting 80% of the $250 million earmarked last year, ......

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Banks race to save startups after Silicon Valley Bank collapse

TMT

13 March, 2023

Banks race to save startups after Silicon Valley Bank collapse

At least three Indian banks—Axis Bank, Kotak Mahindra Bank, and ICICI Bank—along with the Indian unit of HSBC, assembled crack ......

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HSBC catching up with Citi in battle of MNC banks in India; JPMorgan bulks up

Finance

04 September, 2020

HSBC catching up with Citi in battle of MNC banks in India; JPMorgan bulks up

The battle between the top two global banks in India, Citibank and HSBC, has intensified with the British lender closing ......

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Top MNCs in India: Who earns the most profit, who pays the most tax?

Finance

06 July, 2020

Top MNCs in India: Who earns the most profit, who pays the most tax?

An economic slowdown and the coronavirus pandemic that sapped demand for high-priced products while shifting consumer focus towards essential items ......

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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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Merchant banks' report card: Who made punters smile most via IPO listing gains?

Finance

06 October, 2017

Merchant banks' report card: Who made punters smile most via IPO listing gains?

Ample global liquidity and positive investor sentiment on Indian economic reforms have propelled Indian stock markets higher in what many ......

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ChrysCapital ups stake in Federal Bank as HSBC exits

General

28 August, 2012

ChrysCapital ups stake in Federal Bank as HSBC exits

ChrysCapital has increased its stake in Federal Bank while British banking major HSBC has exited the private sector lender by ......