Bandhan financial Services will raise funds via internal accruals.
PremjiInvest has invested close to $20 million in the hospital chain in the last three years.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Niyo is also offering bonuses and ESOPs, taking the total stock grants to over Rs 100 crore for all eligible employees.
Exodus of top managers an unintended side effect of roaring MF industry
Mumbai saw an average 46 per cent decline in congestion during the morning rush hour on Tuesday. New Delhi's data also showed an average 34 per cent decline in congestion during morning.
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
If the deal materialises, Angel will have to pay at least Rs 800-1,000 crore (Rs 8-10 billion) for a 51 per cent stake, valuing the brokerage at Rs 1,500-2,000 crore (Rs 15-20 billion). The talks are at an early stage.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'But we are much better than what we all had expected and planned, and what all the prophets of doom had predicted.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
State-owned India Infrastructure Finance Company Ltd has tied up with Infrastructure Development Finance Company, and global equity investors Citigroup Inc and Blackstone Group to launch a $5 billion infrastructure fund.
'This is happening regardless of the Budget.'
Uttam Prakash Agarwal alleged that Citax and Braich offers were incomplete and did not include firm commitment as to the price, size, timings, confirmation from the banks about availability of the funds.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries
Decision to build or buy a platform is a function of price but buyouts are helping large investors create a medium and influence outcomes.
Ajit Mishra answers reader queries on the stock market.
The ailing United Western Bank on Thursday submitted a scheme of reconstruction to the regulator Reserve Bank, which has placed it under moratorium due to erosion of networth.\n
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Besides, two new entities-- IDFC and Bandhan -- have been given full-fledged banking licence.
The protocol aims to "democratise" lending, reduce costs of credit, and ensure accessibility of credit to small companies and street vendors, according to Nandan Nilekani.
For any airline to be eligible for restructuring, the current ratio has to be equal to or higher than 0.4, while 'debt to Ebitda' has to be equal to or less than 5.5.
Either drivers were blissfully unaware of the requirement or they hadn't bothered to get one installed in their vehicle.
Reason for rejection hasn't been stated; deal among seven rejected transactions.
The RBI has agreed to consider the application of India Post in consultation with the government.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Two key depts in ministry cold to rationale for one; postal dept says it's more eligible than IDFC or Bandhan, feels 'strong lobby' scuttling its plans.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The thrust, they feel, remains on design thinking, AI and digital besides enhanced focus on investing in selling and marketing efforts, expanding local talent base and re-skilling staff
They are making switch to the high-growth alternative investments fund industry, reports Pavan Burugula.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
India Post had applied for a bank licence under RBI guidelines issued on February 22, 2013.
Uniparts India and PNC Infratech are the latest companies to file initial public offer papers.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
The company is set to be India's first microlender to become a bank
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis