SBI Mutual Fund
Markets
Fund managers line up long-short equity funds for wealthy
At least 10 Indian and foreign asset managers plan to launch higher-risk, long-short equity funds to wealthier investors after the ......
Manufacturing
Artha Bharat enters battery storage space with stake in UK-based firm
GIFT City-based fund management firm Artha Bharat Investment Managers IFSC LLP has entered the battery storage sector by acquiring a ......
Finance
Artha Global Opportunities Fund makes maiden India credit bet
Artha Global Opportunities Fund, led by former SBI Mutual Fund executive Sachin Sawrikar, has made its first private credit investment ......
TMT
Nazara to raise $108 mn for M&A warchest; hikes stake in Sportskeeda
Listed gaming firm Nazara Technologies, which had allocated more than $100 million for its merger and acquisition warchest, is raising ......
Finance
SBI Funds gets RBI nod to buy 9.99% of HDFC Bank in multi-billion-dollar deal
The Reserve Bank of India (RBI) has given SBI Funds Management (SBIFML) -a joint venture between State Bank of India ......
Consumer
Everstone wrings out extra cash from Burger King India as IPO lures more investors
Private equity firm Everstone Capital has sold more stake in Burger King India Ltd outside of the fast-food chain’s ongoing ......
Manufacturing
Tube Investments raises funding from Azim Premji Trust, SBI Mutual Fund
Murugappa Group company Tube Investments of India Ltd has announced fundraising of Rs 350 crore ($47 million) from Azim Premji ......
Finance
US hedge fund, SBI MF get nod to raise stake in IndusInd Bank, CSB Bank
The Reserve Bank of India has allowed two shareholders of IndusInd Bank and CSB Bank to increase their individual stakes ......
Manufacturing
Neogen Chemicals raises $5.7 mn from anchor investors ahead of IPO
Speciality chemicals maker Neogen Chemicals Ltd has raised Rs 39.70 crore ($5.7 million) from anchor investors ahead of its initial ......
Consumer
PremjiInvest, IDFC & others pick up stake in Emami for $224 mn
The promoters of the diversified Emami Group on Monday announced the sale of 10% stake in fast-moving consumer goods (FMCG) ......
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