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.
Investment in Lakshmi Vilas Bank done through family wealth office: Rajesh Sharma, Capri Global
The 4.9% stake acquired at various points of ...
Asian stocks inch up on trade outlook but markets remain wary
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 per cent.
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.
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.
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.
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 .
Reliance Capital defaults on debt repayment
On November 15 as well, the company had defaulted on interest and principal obligations on bonds.
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 6,606.5 at the close of trade.
IDBI Capital maintains buy on VIP Industries, target price Rs 574
The stock closed at Rs 435, down 0.3 per cent on Thursday.
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.
Govt set to infuse ₹1,000 crore equity in IIFCL
The recent churn in the financial sector has seen private players such as ICICI Bank and Axis Bank shun the term loan business, while even public sector players — including State Bank of India — are reluctant to lend to infrastructure projects, which not only have a long-gestation but also carry massive implementation risks.
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.
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.
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