Search Results for:Swaraj Singh Dhanjal

India: BNP Paribas Cardif scouts for buyers for its stake in SBI Life Insurance

SBI currently owns 62.1% in the company while BNP Paribas Cardif holds 22%.

J.C. Flowers may buy out Ambit Holdings from asset reconstruction JV

J.C. Flowers and Ambit hold 47.5% each in the ARC while entrepreneur Jerry Rao holds 5%.

Infrastructure fund I Squared Capital to form credit business in India

So far, the infrastructure investor had only focused on equity investments in roads and distributed renewable energy generation.

India: TripFactory in talks to raise $100m series B

The company is in talks with various funds based in the Silicon Valley, China and Japan.

ACME Solar Holding in talks to raise up to $416m through InvIT

A successful completion of the InvIT plan will make ACME the first renewable energy producer in India to tap the trust route for raising funds.

Singapore’s Temasek to invest $400m in NIIF’s Master Fund

Temasek joins government of India, ADIA, HDFC Group, ICICI Bank, Kotak Mahindra Life Insurance and Axis Bank as investors in NIIF’s Master Fund.

Wealth managers emerge as conduits between VCs and capital in India

For any newbie fund to be in business, the most important task is to raise third party capital—also an external factor not in one’s control.

India: Lodha Developers may trim IPO size to $600m on weak investor response

The promoters were also looking to sell a part of their stake, taking the total IPO size to around Rs5,000 crore.

Investec seeks to expand i-banking practice, enter lending operations in India

Investec is looking to build its advisory practice in sectors such as BFSI , consumer and healthcare.

CPPIB expects India investments to grow multiple times, says APAC chief Suyi Kim

CPPIB seeks to invest up to one third in emerging markets from 15% currently.