IDBI gets nod to resume insurance JV stake sale plan

New Delhi, Jan. 22 -- IDBI Bank Ltd has said its board has approved a proposal to resume the process of divesting its stake in a life insurance joint venture. IDBI Federal Life Insurance Co. Ltd is a... Read More

Srei Infrastructure gets board nod to list equipment finance business

New Delhi, Jan. 22 -- Srei Infrastructure Finance Ltd on Monday said its board has approved the demerger and listing of its equipment financing business. The move will help augment the capital of bot... Read More

IIFL AMC raises Rs 950 crore Category II AIF

Mumbai, Jan. 18 -- IIFL Asset Management Co. Ltd (IIFL AMC) has raised Rs 950 crore for its IIFL India Private Equity Fund, a senior executive said. Mint reported in May about the launch of the first... Read More

Aurobindo to buy 7 oncology injectables from Spectrum Pharma

Mumbai, Jan. 18 -- Aurobindo Pharma Ltd on Thursday said it has agreed to acquire a portfolio of seven branded oncology injectable products from Spectrum Pharmaceuticals Inc. The acquisition involves... Read More

Adani Transmission to raise up to Rs 3,000 crore via QIP

Mumbai, Jan. 16 -- Adani Transmission Ltd plans to raise up to Rs 3,000 crore through a soon-to-be-launched qualified institutional placement (QIP) offering, said two people aware of the development, ... Read More

IPO drought to end as Polycab, Chalet Hotels, others gear up for share sales

Mumbai, Jan. 15 -- After a three-month drought in the Indian primary market, several companies, including cables and consumer electronic goods maker Polycab Wires Pvt. Ltd and hotel operator Chalet Ho... Read More

Capital SFB eyes Rs 150 crore funding to expand operations

Mumbai, Jan. 11 -- Punjab-based Capital Small Finance Bank Ltd is planning to raise at least Rs 150 crore in private equity funding as it looks to expand its operations, two people aware of the develo... Read More

Asian millennials will drive consumption globally: Report

Mumbai, Jan. 9 -- With more than six times as many millennials in Asia as in the US and Europe combined, the Asian millennial is expected to reshape the global consumer market, said private equity gia... Read More

Private capital fundraising slowed to $757 billion in 2018: Report

New Delhi, Jan. 9 -- Private capital fundraising in India slowed down in 2018, alternative asset data tracker Preqin said, adding fewer funds achieved a final close during the year. Private capital r... Read More

AION Capital buys InterGlobe Technologies

Mumbai, Jan. 8 -- Private equity firm AION Capital Partners Monday said that it has acquired InterGlobe Technologies, a global travel business process management technology and digital services compan... Read More