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Andhra govt thinking will choke MFIs, say PEs
Private equity (PE) investors are alarmed by the Andhra Pradesh government’s move to bar micro finance institutions (MFIs) from tapping the capital market and PE investments. They have said this was regressive thinking and would stifle such lending. The AP government recommended to the Malegam committee on the subject, set up the Reserve Bank of India, that MFIs be barred from making Initial Public
Private equity (PE) investors are alarmed by the Andhra Pradesh government’s move to bar micro finance institutions (MFIs) from tapping the capital market and PE investments. They have said this was regressive thinking and would stifle such lending. The AP government recommended to the Malegam committee on the subject, set up the Reserve Bank of India, that MFIs be barred from making Initial Public
In the running
It’s an industry worth around Rs 25 crore and it’s only getting bigger. Aabhas Sharma and Veenu Sandhu find that the marathon is more than just a healthy business.
It’s an industry worth around Rs 25 crore and it’s only getting bigger. Aabhas Sharma and Veenu Sandhu find that the marathon is more than just a healthy business.
Six new SEZs to come up in TN
Six new special economic zones (SEZs)are expected to go on stream in Tamil Nadu during the current financial year. Total investments in these SEZs are likely to exceed Rs 50,000 crore. The state
Six new special economic zones (SEZs)are expected to go on stream in Tamil Nadu during the current financial year. Total investments in these SEZs are likely to exceed Rs 50,000 crore. The state
Govt-run SEZ shuts door to IT firms
MEPZ Special Economic Zone, one of the seven export processing zones (EPZs) set up by the Indian government, has decided not to encourage any more IT companies to set up shop in the zone. The
MEPZ not to allow more IT firms
The Madras Export Processing Zone (MEPZ) special economic zone, one of the seven export processing zones set up by the Centre, has decided not to encourage anymore IT companies in the zone. The
'Foreign investors prefer independent managers'
Newly-formed Ascent Capital, which is a separate investment entity carved out of UTI Ventures, recently raised $350 million (Rs 1,575 crore) for its first fund. The fund is focused on growth
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