India's government converts Rs 36,950 crore of Vodafone Idea's dues into equity, offering significant cash flow relief and helping the telco complete its long-delayed bank debt raise. Citi views this ...

The Rs 260 crore deal strengthens nbfc’s presence in distressed asset management Authum Investment and Infrastructure has received approval from the Reserve Bank ... cent stake in India SME ...

Prior to the acquisition, it held 14,01,97,205 shares or 15.5409 per cent stake. Earlier, the company announced that the country’s largest PSU bank, State Bank of India (SBI), has invested in ...

PayU, the payment and fintech arm of Amsterdam-based investment firm Prosus, has acquired a 43.5% stake ... to support seamless financial transactions, delivering exceptional value to banks ...

He added that this is an opportune time for promoters to raise their stake in the bank given the dip in the stock price, even though it will not be so beneficial for the bank as an institution. IIHL, ...

PayU has acquired a 43.5% stake in payments infrastructure startup Mindgate Solutions to expand its presence in the real-time payments space in India However, as per the deal, Mindgate’s ...

Ashok P Hinduja, Chairman of IIHL (IndusInd International Holdings Ltd) on March 18 said that it is an opportune time to increase the stake in the IndusInd Bank. "This is an opportune time as a ...

Life Insurance Corporation of India (LIC) is poised to make a significant entry into the health insurance sector, as discussions to acquire a stake in ... with the Reserve Bank of India (RBI ...

Mumbai:Public sector behemoth Life Insurance Corporation of India (LIC) is in the final stage of discussions to acquire a substantial stake in a ... the Reserve Bank of India (RBI) to issue ...