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The lender is under central bank scrutiny for accounting lapses.
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India's IndusInd Bank names Santosh Kumar deputy CFO
2
India's Adani Ports buys Australian terminal Abbot Point in $2.5b deal
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China bans the terms 'smart' and 'autonomous driving' from vehicle ads
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VietJet owes investment fund over $180m, rules London's High Court
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Blackstone raises over $4.4b in first close of new Asia fund
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Deals
Adani Port will issue 143.8m shares to Carmichael Rail and Port Singapore Holdings.
IPOs & Markets
The country’s largest exchange first applied for a listing in 2016.
Analysis
The company’s co-founder has been accused of misusing funds at an affiliate company.
Private Equity
The infusion will boost the bank’s capital adequacy ratio from 16.1% to 18.9%.
Multiply Ventures, Sharrp Ventures, and ThinKuvate also joined Good Monk’s funding round.
OnlinePajak has secured $2.8m through a new allotment of preference shares to existing investors.
At the centre of the fallout is BluSmart, co-founded by Gensol promoters.
Per Indian rules, large shareholders with the ability to influence company decisions cannot hold ESOPs.
The acquisition will give KFin immediate scale and regulatory access to international markets.
