Tag Archives: capital

Deals Buzz: Ujjivan Small Finance Bank raises capital in pre-IPO round

Mumbai: Mint brings you your dose of the top deals news, reported from newsrooms across the country Ujjivan Small Finance Bank raises capital in pre-IPO round Ujjivan Small Finance Bank has raised ₹250 crore in a pre-initial public offering (IPO) round led by India Infoline (IIFL) group’s funds, a private equity fund of Avendus Capital and Akash Bhanshali of Enam Group, Mint reported. The pre-IPO ... Read More »

Finance Ministry announces measures to boost capital expenditure by ministries, CPSEs

The Finance Ministry has decided to constantly monitor large infrastructure projects under different ministries and central public sector enterprises (CPSES) in order to expedite capital expenditure of the Union government. To this end, the Finance Ministry would develop a dashboard where ministries could upload figures related to their infrastructure projects on periodic basis. The decision came after senior officials from ... Read More »

Marcato Capital takes stake in crane manufacturer Terex

Balint Porneczi | Bloomberg | Getty Images A Terex reach stacker transports a CMA CGM SA shipping container in the Med Europe Terminal at the Port of Marseille, France. Just days after announcing a substantial new position in the restaurant chain operator Buffalo Wild Wings, the hedge fund Marcato Capital Management plans to announce a new 5.1 percent position in ... Read More »

Pershing Square Capital lays off eight personnel: Dow Jones

Pershing Square Capital Control is shedding 8 decrease–level employees, largely from lower back–officeroles in technology and investor offerings, resources told Dow Jones. Invoice Ackman, who runs the hedge fund, informed his staff this week that the cuts had not anything to do with the fund’s slumping overall performance, in line with the document. Alternatively, he attributed thechanges to improvements in ... Read More »

Twitter’s losing favor in its capital Jakarta as rancor reigns

Romeo Gacad | AFP | Getty Images Twitter president of global revenue and partnership Adam Bain speaks at a press conference in Jakarta on August 29, 2014. Indonesia has long been the Twitter capital of the world, but rival apps and rancorous political debate are driving users away, illustrating the challenges the microblogging service faces even in markets once considered ... Read More »

Intuit selling Quicken to private equity firm HIG Capital

Intuit said in August it planned to sell Quicken, Demandforce and QuickBase Box shot of Quicken personal finance software Credit: Intuit 2COMMENTS John Ribeiro IDG News Service Mar 3, 2016 11:05 PM Intuit is selling its Quicken personal finance software to private equity firm H.I.G. Capital, with the current head of Quicken, Eric Dunn, continuing to run the business under ... Read More »

Twitter’s losing favor in its capital Jakarta as rancor reigns

Romeo Gacad | AFP | Getty Images Twitter president of global revenue and partnership Adam Bain speaks at a press conference in Jakarta on August 29, 2014. Indonesia has long been the Twitter capital of the world, but rival apps and rancorous political debate are driving users away, illustrating the challenges the microblogging service faces even in markets once considered ... Read More »

Venture capital confidence rebounds in Q4

Start-up investors are feeling a little more hopeful after a rough year, as valuations shake out in Silicon Valley, according to research released Thursday. Confidence among Bay Area venture capitalists hit 3.59 on a scale from 1 to 5 in the fourth quarter of 2015, the first uptick after three consecutive quarters of declines, the University of San Francisco said. ... Read More »