Lakshmi Vilas Bank
General
Grapevine: Merger proposal for Lakshmi Vilas Bank hits rocks; Sachin Bansal to buy insurer
The proposed majority stake acquisition of cash-starved Lakshmi Vilas Bank by AION Capital-backed SME lender Clix Capital may be called ......
Finance
Clix Capital top exec quits ahead of proposed merger with Lakshmi Vilas Bank
A top executive at Clix Capital, controlled by private equity firm AION Capital, is set to leave the firm even ......
General
Grapevine: Clermont Group to join Clix Capital in acquisition of Lakshmi Vilas Bank
Singapore-based private equity player Clermont Group is likely to join AION Capital-backed Clix Capital in the acquisition of capital-starved Lakshmi ......
Finance
AION-backed Clix Capital eyes troubled Lakshmi Vilas Bank
Clix Capital, a non-bank lender controlled by private equity firm AION Capital, has shown preliminary interest to acquire cash-starved Lakshmi ......
General
Grapevine: Carlyle frontrunner for Piramal pharma stake; NHAI InvIT to take off soon
US-based private equity firm Carlyle has emerged as the frontrunner to pick up a 20% stake in Ajay Piramal’s pharma ......
Finance
Yes Bank debacle: How healthy are smaller private-sector banks?
The Reserve Bank of India’s takeover of Yes Bank has heightened concerns about the health of other private-sector lenders, especially ......
General
Grapevine: Actis snaps up Acme's solar assets; Temasek looks to buy Lakshmi Vilas Bank
Emerging markets-focussed private equity fund Actis has acquired the solar energy assets with a capacity of 600 megawatt from Acme ......
General
Grapevine: KKR puts credit fund plan on ice; Warburg, others eye part-exit from CAMS
United States-based private equity firm KKR & Co. Inc. has decided to put off plans to raise a Rs 5,000 ......
Infrastructure
Embassy Group to retain 14% stake in Indiabulls' real estate business
Real estate developer Embassy Group is planning to retain its 14% stake in Indiabulls Real Estate Ltd even though the ......
Markets
Sensex, Nifty slide as banks slump; earnings in focus
Indian markets closed lower on Thursday, led by a sharp drop in banking shares, while investors awaited a raft of ......