LiveBain Capital Buys 24.98% Stake in IIFL Wealth
Bain Capital will acquire a 24.98 per cent equity stake in IIFL Wealth Management from General Atlantic Singapore and FIH Mauritius, owned by Indian-Canadian billionaire...
Category : BUSINESS
Union Minister Meets US Deputy NSA Daleep Singh
On Wednesday, Union Minister Piyush Goyal met US deputy national security advisor (NSA) for international economics Daleep Singh and discussed steps to deepen India-US economic...
DVC, NTPC Launches JV For Renewable Power Projects
Damodar Valley Corporation (DVC) said it signed a joint venture (JV) agreement with NTPC Renewable Energy Ltd for renewable power projects in its authority area....
Centre Launches Auction of 122 Coal Mines
On Wednesday, the Union Ministry of Coal put 122 coal mines on the block under a commercial auction of coal mines. Out of the 122...
Greenko Raises $750 Million Through Offshore Bond Offering
Greenko has raised $750 million through an offshore bond offering. The three-year US dollar-denominated bonds were priced at 5.50 per cent. Deutsche Bank advised the...
Axis Bank to Acquire Citi’s India Consumer Business for $1.6 Billion
Citigroup Inc had announced that it would sell its Indian consumer businesses to private lender Axis Bank for $1.6 billion, as the US bank exits...
Govt to Raise Rs 3,000 Crore From 1.5% Stake Sale in ONGC
The central government (CG) to sell a 1.5 per cent stake in Oil and Natural Gas Corporation (ONGC) to raise over Rs 3,000 crore through...
IDBI Bank to Raise Over Rs 3,000 Crores Via AT1 Bonds
IDBI Bank plans to raise to Rs 3,000 Crores through additional tier-I (AT-1) bonds in FY23 to fulfil regulatory norms and business growth. It is...
Uday Kotak to Exit IL&FS Even as Firm Resolves Rs 55,000 Crore Debt
Crisis-hit Infrastructure Leasing & Financial Services Ltd (IL&FS) has resolved nearly 55 per cent of the group’s outstanding debt over the last three-and-a-half years, managing...
HDFC Bank Extends Special FD Scheme for Senior Citizens
HDFC Bank’s particular fixed deposit scheme for senior citizens has been extended. The bank offers a specific fixed deposit (FD) scheme for senior citizens called...