Warburg Pincus

Capital First merges with IDFC Bank to create IDFC First Bank; V Vaidyanathan appointed CEO

As part of the merger agreement, shareholders will receive 139 shares of IDFC Bank for each 10 shares held of Warburg Pincus-backed Capital First.

Quikr revenue soars 95% to Rs 173 crore in FY18, expects to double revenue at about Rs 350 crore

Quikr claims to get over 30 million unique users a month. It operates several classifieds businesses across C2C, cars, education, homes, jobs and services.

SoftBank, SingTel, Temasek, others to invest $1.25 bn in Airtel Africa; co to use funds to reduce debt, upgrade network

The Africa business helped Bharti Airtel post positive income at the end of first quarter of 2018-19.

Bharti Airtel shares soar nearly 11% after global investors agree to infuse $1.25 billion; m-cap zooms Rs 12,332 crore

Six global investors, including Warburg Pincus, Temasek, Singtel and SoftBank Group International, have agreed to invest $1.25 billion through a primary equity issuance in Airtel Africa

Six global investors, including Softbank group and Warburg Pincus, to invest $1.25 billion in Airtel Africa

UTI Mutual Fund MD & CEO Leo Puri demits office; CFO Rahman given temporary charge

Leo Puri, a dual Masters from Oxford and Cambridge University, has spent over 30 years in the field, joined the found house from Warburg Pincus India

'Modi's GST, demonetisation wildly positive measures, always goes against interests of the entrenched', says Warburg Pincus boss Chip Kaye

India’s Goods and Services Tax (GST), the country’s most ambitious indirect tax reform since independence is a “wildly positive” measure for the medium to long term and those who attack it are probably doing so because the nature of game changing reform is that it goes against the interests of the “entrenched”, Chip Kaye

IDFC Bank, Capital First get Reserve Bank of India's nod for merger; deal set to create Rs 88,000 crore combined entity

IDFC Bank said it has received RBI's approval for merger of Capital First, Capital First Home Finance and Capital First Securities with the company

Warburg Pincus to buy 20% stake in Airtel DTH for Rs 2,310 cr

Out of the 20 percent, Bharti Airtel will sell its 15 percent stake in direct-to-home arm and the balance will be sold by another Bharti entity which holds 5 percent stake in the company

Kenneth Juster set to be new US Ambassador to India: All you need to know about Richard Verma's successor

Kenneth Juster would replace Richard Verma as US envoy, if nominated and confirmed by the Senate.