Electronic payment space lures investors

With a thrust on financial inclusion, banks are focusing on expanding their reach in a cost-effective way. This has spawned the need for heavy investment in technology and electronic payment......

Global investors skip PE route to go solo in India

Miffed with disappointing returns from private equity investments in India, institutional investors in these funds are now opting to go solo. Leading investors in private equity funds, otherwise......

Financial jitters for GVK-Hancock deal

GVK Power and Infrastructure's multi-billion dollar acquisition of Hancock Coal is facing last-minute jitters, as lenders financing the deal are scaling down their exposure.According to two......

Essar, Tatas in fray for privatisation of PHCN

Indian conglomerates Essar and the Tatas are among the entities shortlisted by the Nigerian authorities for privatisation of firms created out of Power Holding Company of Nigeria, says a media......