Chennai (Tamil Nadu) [India], January 24: Northern Arc Capital, a leading diversified NBFC and financial services platform, has signed a Memorandum of Understanding (MoU) with DCB Bank Ltd., a prominent new generation scheduled commercial bank to leverage Northern Arc's cutting-edge nPOS pla
Mumbai (Maharashtra) [India], October 26: India's leading manufacturer of Electric Buses, PMI Electro Mobility Solutions Pvt. Ltd. has announced that it has received strategic investment of Rs 250 Cr from Piramal Alternatives, the fund management business of the Piramal Group to bolster its
Mumbai (Maharashtra) [India], August 9: Harmony Organics Pvt Ltd, a Pune-based Specialty Chemicals company has raised Rs. 225 crores from Piramal Alternatives, the fund management business of the Piramal Group, to tap into growing global opportunities in the fragrance & flavor industry.
The hasty acquisition of Credit Suisse in March hindered UBS's plans to grow its fund management business in China, where corporations are only allowed to hold one majority stake and one minority stake in the industry.