CPP Investments bets $1.2 billion in April-June quarter in India PE betsCPP’s investments spread across sectors and include its $333 million exposure towards Sequoia’s tech-focused India fund, while many other i...
India's first Atal Community Innovation Center launched by Vivekananda Global University, Jaipur, in association with Atal Innovation Mission
Covered bonds help sub-AAA issuers raise cheaper fundsRisk aversion due to Covid driving issues; investors protected against default and get attractive yields, while borrowers pay 50-125 bps lo...
Covered bonds see surge in India with lower-rated cos lining upInvestors in covered bonds have the right over a pool of assets held by the issuers, primarily non-bank lenders, in case of a default.
PE fund Creador to sell Corona Remedies stake; eyes Rs 2,400 cr valuationSpark Capital is advising the PE fund for the stake sale. The proposed deal is expected to value Corona at Rs.2000-2400 crore.
Creador buys out Tata Capital in Shriji PolymersCreador has acquired about 13% stake held by Tata Capital and another 4% stake held by promoters.
Traders object to govt's recent decision to advance last date of urad import, decrease in duty on masoorTraders said the latest change in import policy for urad (black matpe), which advanced the last date of import by six months to August 2020...
Creador frontrunner to buy Tata Capital's stake in packaging coTata Capital to exit its 5-year old investment in Shriji Polymers.
Feel the pulse! Rice, oil prices begin to riseScarcity of packaging material, however, is a worry and storage restrictions under the Essential Commodities Act may backfire, traders said.
Ummeed Housing Finance lands Rs 164 croreThe affordable housing finance company, which was founded in 2016 by former Citi executive Ashutosh Sharma, has now raised close to Rs 300 ...
NBFC Kogta gets Rs 300 crore in Series CCreador Advisors and Morgan Stanley PE led the round.
What are covered bonds?Covered bonds do not transfer prepayment risk to investors.
Finance company, Kogta Financial, raises Rs 154 croreThe Morgan Stanley Private Equity Asia-managed fund invested about Rs 114 crore for a minority stake, while IIFL Seed Ventures, the first i...
Loan pooling turning popular among NBFCsThese loans are bundled together and backed by a common guarantee provided by IFMR Capital.
Hinduja Leyland Finance buys Rs 107-crore worth loans from MFIsHinduja Leyland Finance has bought the pooled loan portfolios against the loan receivables of companies operating across segments such as m...
Dal prices are going to shoot upThe increase in prices is going to pinch the common man for the next few months, till fresh produce reaches the markets post next kharif ha...
- Pulses importers seek parity with public sector
The Pulses Importers Association has asked the government to extend the 15% import subsidy being given to the public sector agencies to pri...