Nov 18, 2016 - Bankers begin to buckle under stress

Sequoia India names 17 early-stage startups for Surge accelerator programme SEQUOIA India, a branch of the technology-focused American venture capital (VC) firm, has announced the 17 participants in its new accelerator programme called Surge. Read more at The Business Times. Read More

Banks want 90% lenders’ nod for resolution The recommendation of the IBA to RBI about the lenders consent clause has dismayed industry. Read More

Deutsche Bank appoints Kaushik Shaparia as CEO to succeed Ravneet Gill Shaparia's appointment will be effective from May 2019 Read More

Who will succeed Carney to run Britain's central bank? Britain is starting its search for a new governor of the Bank of England to succ... Read More

RBI inflation goals need to be reviewed, says PM Modi's economic adviser Rathin Roy said the Reserve Bank of India’s inflation target should be relooked at after the elections.RBI’s goal is to keep inflation at 4 percent over the medium term Read More

Q4 preview: Kotak says recovery in financials on track, NBFCs a tad better NBFCs had a marginally better quarter than Q3 as liquidity eased for retail players. Slowdown in auto sales and increase in incremental cost of funding will weigh on Q4 performance Read More

Warburg Pincus-backed Stellar Value Chain buys logistics firm Patel Roadways Patel Roadways is the third acquisition by Stellar Value Chain Solutions since it started operations in 2016.US private equity firm Warburg Pincus invested $125 million in Stellar the same year to secure a majority stake Read More

Private equity investors are making bigger bets in Asia's healthcare sector Deal value in Asia Pacific in 2018 stood at $15.8 billion, up 77 per cent from $7.2 billion in 2017. Read More

ADIA and NIIF to invest in GVK's airports holding company GVK Power & Infrastructure Limited (NSE: GVKPIL, BOM: 532708) ( Read More

Cerberus racks up $5.1 bln for fund Cerberus Capital Management LP has closed its global NPL fund at $5.1 billion. The initial target was $3.5 billion. Read More

The golden age: PE/VC flow may touch $65 bn by 2025 Exits are at an all-time high of $26 billion, double the value recorded in 2017 Read More

BNP Paribas Bets On India’s Private Banks In 2019 The Indian equity market is rallying on a ‘too fast, too soon’ basis, says Manishi Raychaudhuri. Read More

Is Revised Angel Tax Streamlining the Process or Hampering it? India is presently considered the third largest hub for having a large number of startups. Thus, tax liability massively impacts the entire startup ecosystem Read More

How MakeMyTrip shut out two smaller budget hotels to favour OYO When an online travel aggregator with 63% of its market chooses one hyper-funded brand over two other brands for up to a quarter, it ceases to be a neutral marketplace. MakeMyTrip has done this for four consecutive quarters.Get latest Startup online at cnbctv18.com Read More