Why are Indian MFs struggling to find skilled short-sellers?Mutual funds in Mumbai are struggling to find experienced short-sellers. This is due to the rise of specialised investment funds. These fun...
Axis AMC announces final close of Axis Structured Credit AIF II at Rs 740 croreAxis AMC has closed its Structured Credit AIF II fund, raising Rs 740 crore with strong backing from institutions and HNIs. The five-year f...
TVS Mobility raises Rs 1,800 cr debt from multiple investorsTVS Mobility has secured a debt fundraising of '1800 crore through a three-tranche loan. Standard Chartered Bank, Nomura, and other lenders...
PMS and AIF assets set to surpass Rs 100 lakh crore mark by 2030The Indian alternative investment industry, including Portfolio Management Services (PMS) and Alternative Investment Funds (AIF), is poised...
Strong loan growth, stable asset quality seen powering Jan-March bank numbersBanks will also gain from mark-to-market gains from the easing in treasury yields last quarter and also from a Reserve Bank of India (RBI) ...
Axis PE's 1st fund exits all plays, repays investorsIt has fully deployed the second fund in companies such as Lenskart, Gopal Snacks and SK Finance. It could launch its next fund in six mont...
Axis AMC launches private credit fund; eyes Rs 1,250 cr corpusAxis Asset Management plans to raise up to Rs 1,250 crore ($165m) with its new private credit alternative investment fund. The fund will be...
Axis AIF exits SBI General for Rs 350 croreThe full divestment value is about ₹450-₹475 crore, according to Centrum Capital, which advised on the deals. Centrum Capital is the invest...
Axis AMC’s Growth Avenues AIF achieves final close, hits Rs 1,000-crore targetThe fund aims to invest in unlisted mid-to-late-stage innovative companies with strong long term growth prospects.
Axis AMC raises Rs 400 crore through first close of Axis Growth Avenues AIFThe fund has achieved the first close with investments from family offices, high networth individuals (HNIs) and non-resident Indians (NRIs...
No ‘in-house’ trustees for PE, VCs, moots SebiThe Indian capital market regulator wants private equity and venture capital funds, which have emerged as significant institutional investo...
SBI okays 4% stake sale in general insurance arm for Rs 482 croreThe proposed transaction values SBI GI at over Rs 12,000 crore. The deal is subject to regulatory approvals, said SBI.
SBI gains on divesting 4% stake in insurance armThe proposed transaction values SBI General Insurance at over Rs 12,000 crore.
Stake sale values SBI general insurance arm at Rs 12,000 croreThe lender will sell SBI General Insurance stake to Axis AMC and PI Opportunities fund.
SBI sells 4% in SBI General to Axis AMC and Premji Invest
AMC in the works to help PSU banks offload non-core assetsThe AMC would take over the asset, determine a valuation and sell it through a bidding process, one official said. “The proposed AMC will c...
Brick Eagle Capital raises Rs 100 croreBoth Bennett Property Holdings and Axis Bank have committed Rs 50 crore each for the affordable housing fund.