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Brookfield looks to make first bet in Indian port services sector

Infrastructure

07 February, 2018

Brookfield looks to make first bet in Indian port services sector

Canadian alternative asset manager Brookfield Asset Management is in an advanced stage of discussions to acquire a south India-based port ......

Abraaj Capital, LPs at odds over fund misuse, investments

Finance

06 February, 2018

Abraaj Capital, LPs at odds over fund misuse, investments

Dubai-based private equity firm Abraaj Capital is being investigated by some of its Limited Partners, or investors, over allegations of ......

BigBasket inches closer to unicorn tag after raising $300 mn from Alibaba, others

TMT

01 February, 2018

BigBasket inches closer to unicorn tag after raising $300 mn from Alibaba, others

SuperMarket Grocery Supplies Pvt Ltd, which owns the BigBasket brand, has raised $300 million (around Rs 1,921 crore) in a ......

IFC may bring $5 mn as part of a larger Series B round in Bizongo

TMT

01 February, 2018

IFC may bring $5 mn as part of a larger Series B round in Bizongo

International Finance Corporation, the private-sector investment arm of the World Bank, has proposed to invest up to $5 million (around ......

IFC looks to invest $150 mn in Aditya Birla Finance via green bonds

Finance

17 January, 2018

IFC looks to invest $150 mn in Aditya Birla Finance via green bonds

International Finance Corporation, the private-sector investment arm of the World Bank, is looking to invest up to $150 million (Rs ......

Nilekani-backed Power2SME sees FY17 revenue rise six-fold in two years

TMT

15 January, 2018

Nilekani-backed Power2SME sees FY17 revenue rise six-fold in two years

Business-to-business marketplace Power2SME has more than doubled its revenue and reduced its losses by half for the year through March ......

IFC looking to invest $150 mn in Mahindra Renewables' solar project

Infrastructure

10 January, 2018

IFC looking to invest $150 mn in Mahindra Renewables' solar project

International Finance Corporation, the private-sector investment arm of the World Bank, is likely to provide debt financing worth Rs 960 ......

HCG combines clinical lab services unit with Strand Life Sciences

Healthcare

04 January, 2018

HCG combines clinical lab services unit with Strand Life Sciences

Oncology chain HealthCare Global Enterprises Ltd (HCG) said it will merge its clinical lab services unit, Triesta Sciences, with Strand ......

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Company watch: IFC-backed Laxmi Organic slashes debt to boost bottom line

Manufacturing

02 January, 2018

Company watch: IFC-backed Laxmi Organic slashes debt to boost bottom line

At a time when several large Indian companies are struggling to repay their loans, Laxmi Organic Industries Ltd has been ......

IFC to sell nearly half its stake in Bandhan Bank IPO

Finance

02 January, 2018

IFC to sell nearly half its stake in Bandhan Bank IPO

Bandhan Bank Ltd, India’s first microfinance lender to receive a universal banking licence, has filed its draft prospectus with the ......