Bain Capital to enter credit business in India, hires director

MUMBAI: Bain Capital, world’s leading private multi-asset alternative investment firm, is all set to expand its operations in credit & special situations business in India. Bain Capital Credit, its credit specialist arm, has hired Suruchi Nangia as a director as part of setting up an independent Indian team for credit operations, two people close to the development said. Nangia, former […]

Deutsche Bank launches $8.5 billion capital hike amid heavy restructuring

Deutsche Bank plans a significant capital hike alongside the flotation of its asset management holding and further restructuring from asset disposals, Germany’s biggest lender said on Sunday. The €8 billion ($8.5 billion) capital raise will be launched on March 21, the bank said in a statement, and undertaken via the issuance of new shares with […]

Square Capital Expands Into Flexible Financing, Stock Price Jumps

Since it was launched in 2014, Square Capital has served as a cash advance program for eligible businesses. Initially, merchants were  invited to participate based on the volume of volume of payments they processed through Square and their “history” with the company. Two years later, Square Capital is undergoing a metamorphosis. Not  only is the […]

North Korea to Offer Flight Tours Over Capital in Soviet-Era Helicopter

North Korea will offer helicopter sightseeing tours of its capital, Pyongyang. (Representational Image) SEOUL, SOUTH KOREA:  North Korea will offer helicopter sightseeing tours of its capital, Pyongyang, starting from this month, tourist agencies specialising in trips to the isolated country told Reuters today. North Korea does not publish tourist numbers but an estimated 6,000 Westerners […]

get admission to to Capital amongst pinnacle Focuses of new SBA file

The Small commercial enterprise management (SBA) of the usa regulates numerous guidelines andpackages to assist and nurture the growth and improvement for the small corporations within the united states. The packages indexed inside the office of monetary studies December 2015 report (PDF) consist ofopportunities beginning with mortgage ensures and undertaking capital applications and persevering with […]

As smartphone sales surge, Indian app-makers lure venture capital

Image via Shutterstock ALSO READ DataWind plans third facility with Rs 100 cr investmentMobile devices replacing family communication?India got 50 new mobile phone factories in last 10 months: DeitYWhy TV ads alone aren’t enough for India’s mobile- first consumersGoogle says India mobile search supersedes desktop queries Foreign venture funds are stepping up investments in Indian […]