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PE fund, top family office to pick up stake in SBI General Insurance

Finance

26 September, 2018

PE fund, top family office to pick up stake in SBI General Insurance

State Bank of India (SBI), the country's top lender, said on Wednesday its board has approved a plan to divest ......

Macquarie eyes Goldman stake in ReNew Power; IL&FS to divest holding in unit

General

21 September, 2018

Macquarie eyes Goldman stake in ReNew Power; IL&FS to divest holding in unit

Australia’s Macquarie Group is among suitors eyeing a part of Goldman Sachs’ stake in energy producer ReNew Power, Mint reported, ......

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SBI Caps' top investment banking exec resigns

Finance

06 September, 2018

SBI Caps' top investment banking exec resigns

A top investment banking executive at SBI Capital Markets Ltd, a unit of State Bank of India, has resigned barely ......

KKR, Temasek eye stake in SBI General; Tiger Global to pick up dealmaking pace

General

05 September, 2018

KKR, Temasek eye stake in SBI General; Tiger Global to pick up dealmaking pace

Private equity firm KKR, Singapore state investment firm Temasek and Canada Pension Plan Investment Board have shown interest in the ......

Advent to pick up majority stake in Manjushree; Bandhan may buy into PNB Housing

General

23 August, 2018

Advent to pick up majority stake in Manjushree; Bandhan may buy into PNB Housing

US-based private equity firm Advent International is set to acquire a majority stake in India’s largest PET maker, Manjushree Technopack, ......

Sensex retreats from record high to trim weekly gains

Others

10 August, 2018

Sensex retreats from record high to trim weekly gains

Indian shares fell on Friday, after touching record highs for four straight sessions, dragged down by financials such as State ......

Bank stocks power Sensex above 38,000 for first time

Markets

09 August, 2018

Bank stocks power Sensex above 38,000 for first time

Indian shares ended at record closing highs on Thursday, driven by strong gains in financial stocks such as ICICI Bank ......

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UTI AMC's local, foreign shareholders spar over extending chief Leo Puri's term

Finance

06 August, 2018

UTI AMC's local, foreign shareholders spar over extending chief Leo Puri's term

The fate of UTI Asset Management Company’s chief executive, Leo Puri, is hanging in the balance as the mutual fund ......

In Charts: How top NBFCs outpaced biggest banks by asset and profit growth

Finance

01 August, 2018

In Charts: How top NBFCs outpaced biggest banks by asset and profit growth

Last week, VCCircle analysed how India’s 11,500-odd non-banking finance companies have, in the past few years, capitalised on the Rs ......

More pros than cons of barring promoters from IBC: Panellists at VCCircle event

General

25 July, 2018

More pros than cons of barring promoters from IBC: Panellists at VCCircle event

Keeping the promoter out of the bankruptcy-resolution process will have short-term negatives but long-term benefits will far outweigh them, said ......