Sachin Bansal is back as CEO, this time at a microfinance company

Bansal has picked up a majority stake in Chaitanya Rural Intermediation Development Services, a company which runs microfinance institution Chaitanya India Fin Credit. Billionaire Sachin Bansal is......

New NPA resolution plan finds few takers among bankers

Rather, the existing ones should be implemented speedily to clean up the mess. The proposal, announced on Tuesday, to float two asset management companies to tackle bad debt in banks, is not seen......

Infra firms back in action with fund-raising, hiring plans

With the Modi government promising a slew of funds and schemes to boost infrastructure development in the Budget announced last week, activity appears to be picking up in the sector once again. At......

PE investment in India at $3.3 bn in January-March

Private equity (PE) firms' investments in the country touched a whopping $3.3 billion in January-March, 2011, with infrastructure and manufacturing companies garnering the most interest.Private......