US-based Capital Int’l commits to invest $120 million in YES Bank
The bank plans to raise $2 bn on a preferential allotment basis from eight investors.
Coal India to infuse Rs 56,000 crore into 66 projects
The projects are at various stages of implementation and according to a memorandum of u...
Australia shares extend losses as trade hopes wane; NZ slips
The S&P/ASX 200 index touched its lowest in a month, falling 1.6 per cent to 6,6...
Late-stage Indian startups bulk up its boards with independent hands
Oyo, Ola, Freshworks, Flipkart and Paytm are mong leading home-grown tech ventures that have brought in industry veterans to address compliance and governance issues.
CAMS investors look for partial exit via IPO
New York-based $79 billion private equity firm Warburg Pincus is the largest shareholder with 43.5 per cent in the company.
Lenders meet RBI, mull 4-month programme to resolve DHFL Case
Banks have proposed a four-month programme to resolve the Dewan Housing Finance (DHFL) case, the biggest bankruptcy case in the financial services sector after the Insolvency and Bankruptcy Code.
Varde Capital proposes Rs 1,000 crore equity infusion in Altico Capital
Over a month ago, Altico Capital had presented a resolution plan to lenders.
Share market update: BSE Capital Goods index flat; Graphite India slumps 6%
The S&P BSE Capital Goods index was trading 0.05 per cent up at 17,393.75 .
Grofers loss widens to Rs 448 cr in FY19, co says on track to double GMV to Rs 5k cr in FY20
Grofers, which competes with the likes of BigBasket as well as grocery verticals of e-commerce majors such as Flipkart and Amazon, saw its total income grow by over 56 per cent to Rs 83.62 crore in 2018-19 from Rs 53.47 crore in the previous financial year.
Life insurers explore financial reinsurance to raise capital
A study by Actuarial firm Milliman showed that 35 per cent of the 17 companies in survey are looking to raise capital from reinsurers.
Sebi exempts govt from open offer to Canara Bank shareholders
In September, the finance ministry had decided to infuse Rs 6,571 crore in the lender.
Medall CEO Raju quits, Peepul Capital’s Ananth to take over
Ananth stressed that Medall would keep its focus on business continuity. Peepul Capital owns 80% stake in the firm.
NBFC stress to hurt banks badly, says Fitch
Indian banks have thin buffers against systemic NBFC stress, says Fitch.
FPIs infuse Rs 19,203 cr into capital markets in Nov
FPIs had poured a net Rs 16,464.6 crore in October and Rs 6,557.8 crore in September.
Y Combinator picks 28 Indian startups
A Y Combinator spokesperson said the number of from each country is still not final and that it is not related to its Chinese exit either.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service