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RBI opens bank lending for real estate trusts, draft norms to be issued soon

New Delhi, Feb. 6 -- The Reserve Bank of India (RBI) has unlocked a fresh source of funds for the nation's property sector, allowing banks to lend directly to real estate investment trusts (Reits) for... Read More


Advent to acquire 14.3% in Aditya Birla Housing Finance

mumbai, Feb. 4 -- Private equity firm Advent International will buy a 14.3% stake in Aditya Birla Housing Finance Ltd (ABHFL) for Rs.2,750 crore, valuing the company at Rs.19,250 crore on a post-money... Read More


Fractal Analytics nearly halves IPO size as valuation leaves PEs unhappy

Mumbai, Feb. 3 -- Enterprise AI firm Fractal Analytics Ltd has trimmed the size of its public issue after its investors, including private equity majors Apax Partners and TPG Capital, decided to sell ... Read More


Bain-backed Dhoot Transmission files confidential draft paper for potential $250 million IPO

MUMBAI, Feb. 3 -- Bain Capital-backed auto components maker Dhoot Transmission Ltd has filed draft papers with the Securities and Exchange Board of India (Sebi) under the confidential pre-filing route... Read More


Advent re-enters Aditya Birla Capital with Rs.2,750 crore housing finance deal

MUMBAI, Feb. 3 -- Private equity firm Advent International will acquire a 14.3% stake in Aditya Birla Housing Finance Ltd (ABHFL) for Rs.2,750 crore, valuing the company at Rs.19,250 crore on a post-m... Read More


India's data centre boom turns to IPOs as AI-driven capex surges

New Delhi, Jan. 29 -- MUMBAI: India's data centre industry is shifting into a new phase in which public market listings and joint ventures are increasingly being looked upon as funding options. Surgi... Read More


India's data centre boom turns to IPOs as AI-driven capex surges

MUMBAI, Jan. 29 -- India's data centre industry is shifting into a new phase in which public market listings and joint ventures are increasingly being looked upon as funding options. Surging demand fo... Read More


Data centre firms eye IPOs as AI capex rises

MUMBAI, Jan. 29 -- India's data centre industry is shifting into a new phase in which public market listings and joint ventures are increasingly being looked upon as funding options. Surging demand fo... Read More


India's wealth boom sparks M&A frenzy as banks chase affluent clients

New Delhi, Jan. 22 -- MUMBAI: India's wealth management industry is scrambling to scale as a growing pool of household financial wealth remains underserved. Of the at least $1.1 trillion held by the ... Read More


India's wealth boom sparks M&A frenzy as banks chase affluent clients

MUMBAI, Jan. 22 -- India's wealth management industry is scrambling to scale as a growing pool of household financial wealth remains underserved. Of the at least $1.1 trillion held by the country's t... Read More