Gopika Gopakumar
Stories by Gopika Gopakumar
Indian payments firm Razorpay announces ESOP buyback worth $10m
All employees who hold vested stocks will be eligible to sell up to 33% of their ESOP shares.
Poonawalla-backed firm to pick majority in Magma Fincorp for $474m
Post the deal, Magma Fincorp and its units will be renamed and rebranded as Poonawalla Finance.
New central bank norms may attract more investments into India’s non-bank lenders
The guidelines will provide more confidence to potential investors, experts said.
India: ARCIL, Authum among five bidders for Reliance Home Finance
In August, lenders led by Bank of Baroda had invited EoIs for the assets of Reliance Home Finance and Reliance Commercial Finance.
Oaktree, Piramal, Adani submit revised bids for India’s DHFL
Revised bids were called after Adani's unsolicited offer to buy the entire company instead of the select assets it had bid on earlier.
Lenders of India’s grounded Jet Airways may not give more cash to new owners
Lenders may choose to convert unsustainable debt into equity.
India: Piramal writes to DHFL creditors opposing Adani’s bid for the mortgage lender
Adani's bid could put Piramal out of the race.
India: Adani Enterprises may bid for entire DHFL portfolio
Adani group has also sent a revised bid for the wholesale and slum rehabilitation (SRA) book.
India: Six suitors in fray for DHFL’s stake in Pramerica Life Insurance
Sachin Bansal-led Navi Technologies are among those who have submitted expressions of interest (EOIs).
Indiabulls Housing pares additional stake worth $60m in Oak North Bank
This is the fourth time that Indiabulls Housing has offloaded OakNorth shares within a month.
