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Lenders take control of cash-strapped engineering firm Aster

Infrastructure

14 June, 2017

Lenders take control of cash-strapped engineering firm Aster

A group of lenders to Aster Pvt. Ltd has taken control of the Hyderabad-based engineering services provider after the company, ......

SBI Life Insurance picks eight merchant banks for IPO

Finance

12 May, 2017

SBI Life Insurance picks eight merchant banks for IPO

SBI Life Insurance Co Ltd, a joint venture of State Bank of India and BNP Paribas Cardif, has appointed eight ......

Micro-lender AYE Finance gets $3 mn in debt funding from SBI

Finance

10 May, 2017

Micro-lender AYE Finance gets $3 mn in debt funding from SBI

Gurgaon-based AYE Finance Pvt. Ltd, which lends to micro and small enterprises, has secured a credit line of Rs 20 ......

Snapdeal's cup of woes: Online seller files police complaint, alleges fraud

TMT

02 May, 2017

Snapdeal's cup of woes: Online seller files police complaint, alleges fraud

Even as beleaguered e-commerce firm Snapdeal inches closer to a merger with rival Flipkart, several online sellers have complained against ......

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SBI to join PE investors in floating private credit fund

Finance

24 April, 2017

SBI to join PE investors in floating private credit fund

The asset management arm of State Bank of India, the country’s largest lender, is finalising plans to float its first ......

SBI sets the ball rolling for life insurance unit's IPO

Markets

24 March, 2017

SBI sets the ball rolling for life insurance unit's IPO

State Bank of India, the country’s biggest lender by assets, said on Friday its board has given in-principle approval to ......

IndusInd Bank to acquire IL&FS Securities

Finance

15 March, 2017

IndusInd Bank to acquire IL&FS Securities

Hindujas-promoted private lender IndusInd Bank has set the ball rolling to acquire IL&FS Securities Services Ltd (ISSL) for an undisclosed ......