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How was IFC's partial exit from AU Small Finance Bank?

Finance

28 January, 2020

How was IFC's partial exit from AU Small Finance Bank?

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, has made a partial sale of its stake ......

Reach Capital leads post-Series A funding in upskilling platform Springboard

TMT

18 December, 2019

Reach Capital leads post-Series A funding in upskilling platform Springboard

Ed-tech platform Springboard, which focuses on providing career upskilling solutions for professionals, has raised $11 million (Rs 78 crore at ......

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NephroPlus CEO on selecting Investcorp despite other higher valuation offers and more

Healthcare

29 November, 2019

NephroPlus CEO on selecting Investcorp despite other higher valuation offers and more

Nephrocare Health Services Pvt. Ltd, which operates a chain of dialysis centres under the NephroPlus brand, is a clear leader ......

Grapevine: Varde proposes Altico infusion; Cube Highways wins road auctions

General

21 November, 2019

Grapevine: Varde proposes Altico infusion; Cube Highways wins road auctions

Stressed home financier Altico Capital received a proposal for infusion of Rs 1,000 crore ($139.3 million at current exchange rate) ......

Abu Dhabi's Masdar invests $150 mn in Hero Future Energies

Infrastructure

11 November, 2019

Abu Dhabi's Masdar invests $150 mn in Hero Future Energies

Abu Dhabi Future Energy Company, also known as Masdar, will invest $150 million (Rs 1,073.4 crore at current exchange rate) ......

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How IFC bumped up India exposure as shadow banking crisis worsened

Finance

24 October, 2019

How IFC bumped up India exposure as shadow banking crisis worsened

International Finance Corporation (IFC) increased its annual commitment to India almost four times for the year through June 2019, as ......

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Mahansaria's new tyre venture gets more grip on funding highway

Manufacturing

18 October, 2019

Mahansaria's new tyre venture gets more grip on funding highway

Serial entrepreneur Yogesh Mahansaria, who along with his father Ashok exited Balkrishna Industries Ltd to create Alliance Tire Group with ......

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After selling ATG for over $1 bn, Mahansaria dials old PE backer for new tyre venture

Manufacturing

15 October, 2019

After selling ATG for over $1 bn, Mahansaria dials old PE backer for new tyre venture

Yogesh Mahansaria, who along with his father Ashok exited Balkrishna Industries Ltd to create Alliance Tire Group (ATG) with a ......

IFC to invest in seed producer Mahyco India's overseas unit

Finance

04 October, 2019

IFC to invest in seed producer Mahyco India's overseas unit

International Finance Corporation (IFC) plans to make an equity investment of up to $20 million (Rs 141.82 crore at current ......

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Sam Zell's Equity International, others to sell stake in India operator of Marriott, Hyatt hotels

Consumer

25 September, 2019

Sam Zell's Equity International, others to sell stake in India operator of Marriott, Hyatt hotels

Gurugram-based SAMHI Hotels Ltd, which operates the largest number of Marriott and Hyatt hotels in India, has filed draft papers ......