Investment Management & Fund Operators (NEC)


Temasek Considers Investing $100 Million In Jeweller BlueStone: Report

Banking - Published date: .

The potential deal could boost BlueStone's plans to expand aggressively in India, the second-largest jewellery consuming... Read more

Brookfield Buys 51% Stake In Bharti Enterprises' 4 Commercial Properties

Banking - Published date: .

Global investment firm Brookfield has closed a deal to acquire a 51 per cent stake in Bharti Enterprises' four commercia... Read more

Lenders Of Reliance Capital To Meet On Monday To Consider Bidders' Concerns

Banking - Published date: .

Ahead of the second round of auction scheduled on April 26, lenders of debt-ridden Reliance Capital (RCap) will meet on ... Read more

Reliance Capital Lenders Meeting Today To Address Bidders Concerns

Banking - Published date: .

The two bidders, Torrent Investment and IIHL, have raised multiple issues with the lenders and they want these issues to... Read more

Reliance Capital Resolution Process Completion Deadline Extended To July 16

Banking - Published date: .

The bidders have asked the Reliance Capital lenders to ensure that the resolution plans are IBC and RFRP compliant Read more

Raj Neervannan-cofounded AlphaSense Raises $100 Million, Bullish On India

Banking - Published date: .

The investment will enable us to continue our mission of pushing the boundaries of technology & accelerating our res... Read more

Agri-commerce Startup WayCool Looking To Become Rs 6,000-cr Entity By FY25

Banking - Published date: .

IFC-backed agri-commerce startup WayCool Foods is looking to become a Rs 6,000-crore entity by FY25, up from Rs 2,000 cr... Read more

Delivery Firm Dunzo Secures $75 Mn Funding, Lays Off 30% Of Staff: Report

Banking - Published date: .

According to the report, under the new business model, Dunzo will cut about 50% of its dark stores and run only those th... Read more

Shriram Finance Looking To Sell 15% Stake In Housing Finance Arm: Report

Banking - Published date: .

Shriram Housing Finance Ltd., which offers home loans, largely in the affordable housing segment, has received interest ... Read more

SC To Hear Torrent Plea Against NCLAT Allowing 2nd RCap Auction On March 20

Banking - Published date: .

The second-round auction, scheduled for March 20, will not take place now, further delaying the resolution process of RC... Read more

Greenko Raises $700 Mn To Fund Pumped Storage Projects From GIC, ADIA, Orix

Banking - Published date: .

Homegrown Greenko Group has raised USD 700 million (around Rs 5,700 crore) funding from Singapore's sovereign wealth fun... Read more

Intangles Lab Raises $10 Million In Funds From Baring Private Equity

Banking - Published date: .

Predictive analytics solutions provider Intangles Lab on Tuesday said it has raised USD 10 million in funding from Barin... Read more

RCap Resolution: NCLAT Issues Notices To Torrent Investments, Others

Banking - Published date: .

The National Company Law Appellate Tribunal (NCLAT) on Tuesday issued notices to Torrent Investments and other responden... Read more

Why Apple's Tim Cook Has Not Cut Workforce Amid Mass Layoffs

Banking - Published date: .

As every Big Tech company has announced job cuts running into thousands, Apple is yet to do so and may not plan to termi... Read more

Google-backed ShareChat Lays Off 20% Workforce; 500 People To Be Impacted

Banking - Published date: .

Indian startups raised $24 billion last year, a third lesser than in 2021, according to Venture Intelligence Read more

Voice Automation Startup Skit.ai Lays Off Over 115 Employees: Report

Banking - Published date: .

Software-as-a-service (SaaS) voice automation startup Skit.ai has sacked more than 115 employees, mostly from its India ... Read more

CARS24 Raises $450 Mn, Nearly Doubles Its Valuation To $1.84 Bn

Banking - Published date: .

CARS24 has closed a $450 million round of funding, including a $340 million Series F equity round alongside $110 million... Read more

PNB Housing Fin To Step Up Recovery Efforts This Month Onwards: CEO Prasad

Banking - Published date: .

The company''s gross NPAs jumped to six per cent of the gross advances in quarter ended June 30, 2021, from 2.7 per cent... Read more

Cabinet Note Issued For 100% FDI In Oil PSUs Marked For Disinvestment

Banking - Published date: .

Cabinet approval would facilitate privatisation of India's second biggest oil refiner Bharat Petroleum Corp Ltd. Read more

Pine Labs May Raise Additional Funds; Aggressively Scaling Online Biz

Banking - Published date: .

Close on the heels of a USD 285-million investment round, fintech major Pine Labs may raise additional funds in the comi... Read more