DHFL jumps 4% on Avanse Financial stake sale
DHFL would be selling its entire 30.63 per cent stake in Avanse Financial Services.
Arvind Envisol to ink joint venture with Chinese textile company
The company has emerged as one of the major focus areas within the group ever since a demerger last year split the parent into four listed companies.
BlackBuck’s out to raise $150 m in new round
Latest financing round may value trucking company at around $800-850 million.
US Supreme Court to hear dispute over power plant in Gujarat
The Supreme Court said it would decide whether the IFC enjoyed immunity under the 1945 International Organisations Immunity Act.
IFC invests Rs 290 crore in fund raised by Lighthouse
While IFC will invest $20 million, its asset management arm will put in another $25 million in Lighthouse India Fund III, the PE firm said.
HNIs may get to invest tax free in Startups
Currently, only the listed companies, with an annual turnover of Rs 250 cr and net worth of Rs 100 cr, get a tax exemption for investments over Rs 25 cr in startups.
IFC set to invest Rs 2,800 crore in MP Solar park
Industry experts say the past one year has seen consolidation in the renewable energy space and several global players have been aggressively looking at the space.
It is time to re-orient the World Bank
A new World Bank leadership can provide it with the impetus needed to face new global realities
Wadhawan Global in talks to sell edu fin arm Avanse
Warburg Pincus, Kedaara Partners, CX Partners, PremjiInvest and Centrum Capital are in discussions to acquire the 80% stake in Avanse.
Suryoday Small Finance Bank to raise Rs 200 cr by March end
SSFB, which started its banking operations in 2017, has large presence in three states including Maharashtra.
IFC Invests $10 million in Power2SME
Power2SME is backed by venture capital firms such as Kalaari Capital, Accel Partners, and Inventus Capital.
MogliLabs gets $23 m in round led by Accel Partners and IFC
New round puts valuation of the B2B industrial goods firm at around $100m.
IFC to invest $125 million in Mahindra Group companies
"Providing asset finance to agro related small & micro business will enable them expand their operations and create more employment opportunities," IFC said.
IFC setting up 3 funds to buy out stressed assets in India
“We are working on different funds — one for corporate, one for SMEs (small and medium enterprises), one for retail,” IFC said.
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