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Vedanta to raise $470 mn from PFC for energy biz

Mumbai, April 15 -- Vedanta Ltd has entered into an agreement to raise Rs.3,900-4,000 crore ($470 million) from state-run Power Finance Corporation Ltd to ramp up its power-generation capacity, accord... Read More


Vedanta to raise $470 million from Power Finance Corp for energy business

Mumbai, April 14 -- Vedanta Ltd has entered into an agreement to raise Rs.3,900-4,000 crore from state-run Power Finance Corporation Ltd to ramp up its power-generation capacity, according to two peop... Read More


IndusInd, Invesco sign mutual fund JV

Mumbai, April 9 -- To capitalize on the country's rising equity investment trend, especially through mutual funds, IndusInd International Holdings Ltd. (IIHL), a Mauritius-based investment firm led by... Read More


IndusInd Intl Holdings forms JV with Invesco Mutual Fund

Mumbai, April 9 -- IndusInd International Holdings Ltd, a Mauritius-based investment firm led by the Hinduja brothers, has agreed to acquire a 60% stake in Invesco Asset Management India Ltd to form a... Read More


South Africa's Sanlam hikes stake beyond 50% in Shriram's insurance JVs

Mumbai, April 5 -- Betting on India's insurance growth potential, South African financial services giant Sanlam, on Friday, once again raised its holding in two of its Indian insurance joint ventures ... Read More


Bharat Forge's Kalyani family feud worsens, Hiremaths demand partition of family wealth

Mumbai, March 27 -- Scions of the Hiremath family have moved a Pune court demanding partitioning of the entire wealth of the Kalyani Family HUF, the original joint family of the Bharat Forge group, wi... Read More


A former Delhi top cop is named Religare director. Burmans say rules broken.

Mumbai, March 19 -- The billionaire Burman family has questioned the process of appointing former Delhi Police commissioner Rakesh Asthana as a director on the board of Religare Enterprises Ltd, calli... Read More


Sebi seeks Irdai input on EsopstoRashmi Saluja

Mumbai, Feb. 15 -- The battle for Religare Enterprises Ltd (REL) has taken a new turn, with the market regulator seeking the views of its insurance counterpart on REL's insurance unit issuing hefty st... Read More


Leaving Hindenburg behind, Moody's upgrades four Adani firms

New Delhi, Feb. 13 -- US-headquartered ratings firm Moody's upgraded the ratings of two green energy firms and two electricity generation and distribution firms of the Adani Group following improved f... Read More