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ADB FUNDRAISING
IFC-ADB consortium invests $275 million in Fourth Partner EnergyFPEL has an installed base of 1.5 GW of green assets and is set to commission the first phase of its maiden 575 MW wind solar hybrid projec...
NIIF eyes $1 billion for second Private Markets FundNIIF is gearing up to secure approximately $1 billion for its second Private Markets Fund (PMF), according to people familiar with the matt...
IFC-ADB, just climate in race to buy fourth partner energyFourth Partner focuses on building and financing renewable energy projects for commercial and industrial entities. It has an installed port...
EV maker Euler Motors raises Rs 120 crore in down roundThe firm had last raised funding in October 2022, when it received an investment of $60 million at a $200-250 million valuation, per news r...
Euler Motors raises Rs 120-cr in funding roundEV maker Euler Motors has raised Rs 120 crore in a funding round including British International Investment and Green Frontier Capital. The...
Annapurna Finance raises Rs 260 cr in latest funding roundThe MFI lender has a pan India rural distribution network, offering micro-credit loans, home improvement, and MSME loans to individuals and...
Satin Creditcare's rights issue oversubscribed even as SBI-promoted fund doesn't take partSBI Emerging Asia Financial Sector Fund, which held 6.37 per cent in Satin, did not take the offer, sources close to the matter told ET.
ADB plans to raise $30-35 billion from capital market this year; sells $4 billion global bondsThe 3-year bonds worth USD 4 billion, with a coupon rate of 0.25 per cent per annum payable semi-annually, have a maturity date of July 14,...
ADB to invest $100 million in NIIF fund of fundsADB will now join the Government of India (GOI) and Asian Infrastructure Investment Bank (AIIB) as an investor in the Fund, said a press st...
Entrepreneur Vineet Mittal gets Rs 1 k cr for Solar VentureAn alumnus of Harvard Business School, Mittal has also successfully executed 2 GW of renewable energy projects in Welspun.
IndusInd Bank raises $500 million from overseas lendersThe private sector bank has concluded the syndicated term loan facility from a group of overseas investors, it said in a regulatory filing.
IndusInd Bank, shareholders to invest Rs 205 crore in Satin Creditcare networkAsian Development Bank-backed microfinance lender Satin Creditcare Network is in the process of raising Rs 205 crore from private sector In...
ADB issues Rs 14 billion Indian rupee linked bondsToday's fundraising represents ADB's largest single offshore Indian rupee bond issue to date, said the agency.
RBL scoops up Rs 500 crore, value balloons to 75% of Bank of IndiaRBL has been valued at nearly 3/4ths the market cap of public sector biggie Bank of India in a pre-IPO round led by ADB and existing invest...
Asian Development Bank raises Rs 300 crore via maiden offshore rupee bond saleThe bonds will be denominated in Indian rupees but settle in US dollars, and will carry a coupon of 6.35 per cent, and mature in August 201...
- WB, ADB may lend directly to urban bodies
The government may allow multilateral funding agencies such as World Bank and Asian Development Bank (ADB) to directly extend debt to urban...
- PFC to mop up $1 b from overseas mkts
Power Finance Corporation (PFC) is planning to tap the overseas market to raise a whopping $1 billion in the current fiscal.