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Former GE veterans, Aion acquire GE capital services
The deal value was not officially disclosed but experts said the enterprise value of the business had been pegged at $330 million.
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Tata Capital Healthcare Fund set to exit Novalead, Amantha Health
Tata Capital Healthcare Fund will sell its stake in Novalead and Amantha Healthcare in the coming months, Vamesh Chovatia, partner, Tata Capital Healthcare Fund, told ET.
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Private equity investments in Asia-Pacific region touch $11.9 billion in...
It said energy corporates were rationalising their operations in the Asia Pacific region driven by ongoing uncertainty toward global market conditions.
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Life Insurance players sign pact with Experian for detection of frauds
Life insurance companies will now be a part of a closed user groups to share data relating to new policy proposals and claims.
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Nippon Life-Reliance Capital deal gets Sebi approval
Following the approvals, Reliance Capital Asset Management will change its name to Reliance Nippon Life Asset Management, the statement said.
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Religare Enterprises Group CEO Shachindra Nath resigns
Financial services firm Religare Enterprises has said its Group CEO Shachindra Nath has resigned from the post.
View ArticleOSRTC ties up with Indicash[TM] ATM to serve 35 lakh commuters
Tata Communications Payment Solutions Ltd (TCPSL), which operates white label ATM networks in Indicash[TM], announced the launch of Indicash[TM] ATMs at Odisha State Road Transport Corporation's...
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India Post to approach RBI for interoperability of its ATMs by year end
Officials in the department of posts said they will soon approach the RBI to obtain a nod on the proposal to make the ATMs interoperable by the year end.
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RBI forex reserves down by $3.5 bn
The Reserve Bank of India's foreign exchange reserves fell by $3.5 billion in the week ending February 26. A section of the market considers FII outflows as the major reason.
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Capital Area Bank first to get small finance bank licence
Capital Local Area Bank, a Jalandhar-based local area bank, has emerged as first entity to have received RBI's licence to start operations as a small finance bank.
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Vermillion sets Rs 100 crore loan disbursal target
Vermillion Finalytics, which runs the online portal LoanXpress, has set itself a loan disbursal target of Rs 100 crore for the current fiscal.
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Trade unions expected to raise Budget tax provision at EPFO trustee meet
EPFO trustees' meet later this month is likely to be a stormy affair as trade unions will raise their voice against the Budget proposal of taxing EPF withdrawals.
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FDI in services sector up 85.5 per cent in April-December
The sector had received FDI worth $2.29 billion during April-December 2014, according to the Department of Industrial Policy and Promotion.
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New Irdai norms to ensure faster growth of general insurers: Industry leaders
The new norms, coming into force from April 1, will allow marketing of corporate products even before the regulatory approval.
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Indiabulls Group to invest Rs 25,000 crore in Haryana over seven years
The group has entered into a Memorandum of Understanding with the government of Haryana for the same, the company said in a statement.
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