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Abu Dhabi Investment Authority sells stake in large Indian private sector lender

Finance

18 May, 2021

Abu Dhabi Investment Authority sells stake in large Indian private sector lender

The United Arab Emirates based sovereign wealth fund Abu Dhabi Investment Authority (ADIA) has diluted its holding below 1% in ......

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India Inc continues fragile recovery in Jan-Mar but resurgent virus may torpedo gains

Finance

05 May, 2021

India Inc continues fragile recovery in Jan-Mar but resurgent virus may torpedo gains

A sliding economy was already taking a toll on India Inc and then the first wave of the pandemic came ......

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ICICI Prudential AMC aiming to launch sixth residential real estate fund

Finance

19 April, 2021

ICICI Prudential AMC aiming to launch sixth residential real estate fund

ICICI Prudential Asset Management Company (AMC) is aiming to float its sixth residential real estate fund, two people told VCCircle. The ......

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Amazon leads funding round for SME finance platform in latest bet

TMT

31 March, 2021

Amazon leads funding round for SME finance platform in latest bet

Online retailer Amazon has led a round in a fintech platform where small businesses can auction their trade receivables to ......

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Flashback 2020: RBI gets into rescue mode as banks, non-banks tide over tough year

Finance

29 December, 2020

Flashback 2020: RBI gets into rescue mode as banks, non-banks tide over tough year

In early March, three weeks before most of India went into a lockdown to fight the coronavirus pandemic, the Reserve ......

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India Inc reins in FY20 ad costs even as some ramp up in pre-Covid days

Finance

13 November, 2020

India Inc reins in FY20 ad costs even as some ramp up in pre-Covid days

Corporate India curbed advertising expenses for 2019-20 even before the slowing economy took a turn for the worse at the ......

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Dark clouds hanging over India Inc start to drift away, finally

Finance

05 November, 2020

Dark clouds hanging over India Inc start to drift away, finally

First, the sliding economy clobbered India Inc, and then the pandemic that took off in April-June made things worse.  But the ......

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PE, M&A deals in financial services sector remain in the doldrums

Finance

13 October, 2020

PE, M&A deals in financial services sector remain in the doldrums

The number of private equity deals and mergers and acquisitions (M&As) in the banking, financial services and insurance (BFSI) sector ......

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Shree Renuka Sugars makes final stab at debt, hopes to shake off NPA image at last

Manufacturing

21 August, 2020

Shree Renuka Sugars makes final stab at debt, hopes to shake off NPA image at last

Shree Renuka Sugars, one of the top three sugar makers in India that has been working to shed its non-performing ......

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ICICI Bank ups stake in GIFT City's India International Exchange

Finance

21 August, 2020

ICICI Bank ups stake in GIFT City's India International Exchange

ICICI Bank has increased its stake in India International Exchange Ltd, housed in Gujarat’s GIFT City, with a fresh investment. The ......