Valuequest, 360 One and Kotak AIF invest in GK Energy's pre-IPO round of Rs 100 croreGK Energy is India’s largest pure-play EPC provider for solar-powered agricultural water pump systems under the PM-KUSUM scheme. Backed by ...
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...
Kotak Mahindra AMC's Kotak Credit Opportunities Fund announces first close with over Rs 1,200 crore raiseKotak Mahindra AMC's Credit Opportunities Fund raised over Rs 1,200 crore in its first close, targeting emerging corporates with strategic ...
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...
Kotak aims to raise Rs 2,000 cr pvt credit AIFKotak Mutual Fund is targeting to raise up to Rs 2,000 crore through its maiden private credit alternate investment fund (AIF), a senior of...
Savers turn investors as bank deposits fall to 42% in 2024 from 53% in 2020: Uday KotakKotak suggested that investors adopt a holistic approach to financial services, emphasizing the need for a mindset shift in response to the...
Prestige Estates shares jump 5% on Rs 2,001 crore deal with ADIA, Kotak AIFPrestige Estates Projects shares rose 5% to Rs 1,227 on NSE after signing a Rs 2,001 crore deal with ADIA and Kotak AIF. The stock outperfo...
RBI gives banks and NBFCs a breather on AIF investmentsThe RBI has said that provisioning will be required only to the extent of the RE's investment in the AIF scheme that is further invested in...
India's Kotak Mahindra Bank misses Q3 profit view on higher loan provisionsThe private bank reported standalone net profit of 30.05 billion rupees ($361.7 million) in the quarter ended Dec. 31, compared to analysts...
NBFCs tank 5-10% on tighter AIF normsShares of NBFCs, like Piramal Enterprises, Indiabulls Housing Finance, and Edelweiss Financial Services, fell 5-10% on Wednesday. The Nifty...
Private credit assets in India to reach $60-70 billion by 2028: ReportThe first half of the year saw 12 deals surpassing $100 million, compared to 15 in all of 2022, holding out the promise making 2023 a stand...
Kotak Alternate Assets to launch Rs 1,000 crore AIF Category II fundThe fund will have a diversified investment universe and be sector-agnostic. The Kotak Private Credit Fund will also have a greenshoe optio...
Kotak Mahindra Bank loses 2%; pvt lender signs MoU with GIFT SEZThe counter fell to a low of Rs 1,849.55 against Rs 1,892.60 at the previous close on the NSE. The stock was last trading 1.73 per cent low...
Kotak Bank signs MoU with GIFT SEZ for boosting financial services ecosystem at IFSCAccording to the MoU, one area of focus will be to ease market access and cross border activities for the fund management community. Both e...
Kotak's AIF invests Rs 1,000 cr in TVS Supply Chain SolutionsThe investments will help the TVS family consolidate their holdings in TVS Supply Chain Solutions. Additionally, Kotak has also invested Rs...
Top funds make a beeline to set up AIF at Gujarat GIFT CityTechnology, life sciences, healthcare, pharma, fintech and consumption businesses remain some of the popular investment themes for deployme...
Sebi registered AIF count hits 200-markSebi has allowed 209 entities to set AIFs, pooled-in investment vehicles for real estate, private equity and hedge funds, over a period of ...