Canada's biggest public pension fund is investing up to $600 million in India's National Investment and Infrastructure Fund (NIIF), as it seeks to grow its infrastructure bets in Asia's third-largest economy.
Silicon Valley venture capital firm Accel said on Monday it had raised $550 million for a new India-focused fund aimed at backing early-stage startups in the country.
Top lender State Bank of India on Wednesday approved the sale of an up to 8.25% stake in mutual fund UTI Asset Management Company (UTI AMC) through an intitial public offering.
India's Yes Bank Ltd aims to raise up to $2 billion in a massive issue of new shares to institutional investors and wealth managers as it soaks up the impact of bad loans in the country's crisis-hit shadow banking and real estate sectors.
The Reserve Bank of India has filed an application to begin bankruptcy proceedings against shadow lender Dewan Housing Finance Corporation Ltd (DHFL), it said https://rbidocs.rbi.org.in/rdocs/PressRelease/PDFs/PR129569FD843CA8464B9B8FFA537B589C36A3.PDF on Friday.
Housing lender Home First Finance Co India Ltd filed for an initial public offering (IPO) of up to 15 billion rupees ($209.00 million), according to a draft prospectus http://www.investmentbank.kotak.com/downloads/home-first-finance-company-india-limited-DRHP.pdf from one of its bookrunners dated Nov. 28.
Indian ride-hailing firm Ola, backed by Japan's SoftBank Group Corp, aims to begin the IPO process by the end of March 2021 and plans to cut its workforce by up to 5% as part of preparations, said people with direct knowledge of the matter.
SBI Cards and Payment Services Ltd, the credit card subsidiary of State Bank of India (SBI) , India's largest lender, filed plans for an initial public offering (IPO) with the markets regulator and stock exchanges on Wednesday.
Indian digital payments company Paytm said on Monday it has raised fresh funds from a group of investors including existing backers SoftBank's Vision Fund and China's Ant Financial Services in a deal valuing the firm at $16 billion.
Indian digital payments company Paytm said on Monday it has raised fresh funds from a group of investors, including existing backers such as SoftBank's Vision Fund and Alibaba's Ant Financial.
Indian police shot dead four men on Friday who were suspected of raping and killing a 27-year-old veterinarian near Hyderabad city, drawing applause from her family and hundreds of citizens outraged over sexual violence against women.