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GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Finance

06 May, 2020

GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Singapore sovereign wealth fund GIC Pte. Ltd shuffled several of its investments in India’s listed banking, financial services and insurance ......

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How coronavirus shrunk India's billion-dollar valuation club

Markets

06 April, 2020

How coronavirus shrunk India's billion-dollar valuation club

The club of Indian companies with a market capitalisation of at least $1 billion lost the most members in at ......

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Stressed assets on pause for now but coronavirus aftermath poses shakeout risks

Finance

03 April, 2020

Stressed assets on pause for now but coronavirus aftermath poses shakeout risks

Even as the entire stressed asset ecosystem is almost on pause in the pandemic, both buyers and sellers are bracing ......

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KKR-backed Avendus revamps wealth management biz as another exec quits

Finance

02 March, 2020

KKR-backed Avendus revamps wealth management biz as another exec quits

Avendus Capital Pvt. Ltd is overhauling its wealth management arm a decade after starting the business, as the Mumbai-based financial ......

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India Inc's legal costs soar most in four years; Reliance regains top rank

Finance

19 September, 2019

India Inc's legal costs soar most in four years; Reliance regains top rank

India Inc’s legal expenses grew at the fastest pace in at least four years for the 12 months to March-end ......

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PremjiInvest makes neat return from FabIndia partial exit as PIPE funds check in

Consumer

18 September, 2019

PremjiInvest makes neat return from FabIndia partial exit as PIPE funds check in

A bunch of domestic institutions, including public market funds of top private-sector banks, has acquired a minority stake in FabIndia ......

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Kotak i-banking unit hires former HSBC exec as M&A head

Finance

15 July, 2019

Kotak i-banking unit hires former HSBC exec as M&A head

Kotak Mahindra Capital Co. Ltd, the investment banking arm of private-sector lender Kotak Mahindra Bank Ltd, has recruited a former ......

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How Kotak Private Equity is tweaking strategy to rope in LPs

Finance

27 June, 2019

How Kotak Private Equity is tweaking strategy to rope in LPs

Kotak Private Equity has tweaked its strategy to rope in limited partners (LP) for its investment funds, as the alternative ......

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Have India Inc's earnings kept pace with stock market's rise?

Markets

25 June, 2019

Have India Inc's earnings kept pace with stock market's rise?

Late last month, after Prime Minister Narendra Modi won a second term, India's stock markets soared to record highs. But ......

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PE-backed Updater Services buys smaller firm with higher margins to diversify biz

TMT

01 May, 2019

PE-backed Updater Services buys smaller firm with higher margins to diversify biz

Updater Services Pvt. Ltd, which is backed by Motilal Oswal Private Equity, has acquired a majority stake in an outsourcing ......