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Ascertis Credit bags $520 mn for fourth fund

Financial Express Kolkata

|

November 19, 2025

ASCERTIS CREDIT, FORMERLY known as BPEA Credit, on Tuesday announced the first close of its fourth fund (Fund IV), raising $520 million (around ₹4,600 crore).

- RAGHAVENDRA KAMATH

This marks one of the largest-ever first closes for a private credit fund in India.

The fund, which targets a total corpus of $1 billion, has drawn a diverse mix of existing and newinstitutional investors, family offices, and high-net-worth individuals (HNIs) across global and Indian markets, the fund manager said.

FLERE HISTORIER FRA Financial Express Kolkata

Financial Express Kolkata

Accenture beats Q1 sales estimates on AI boost

NASDAQ-LISTED IT services major Accenture on Thursday beat Street estimates for firstquarter revenue, riding on a strong demand for its artificial intelligence (AI) solutions, but said it will no longer disclose separate revenue and bookings data for AI deals going ahead, as the tech is now increasingly embedded across almost all projects.

time to read

1 min

December 19, 2025

Financial Express Kolkata

HCLTech to buy HPE telco biz for nearly $160 mn

IT SERVICES MAJOR HCLTech on Thursday said it has signed a definitive agreement to acquire the telco solutions business of Hewlett Packard Enterprise (HPE) for a cash consideration of up to $160 million, including $15 million of performance-linked incentives based on FY25.

time to read

1 min

December 19, 2025

Financial Express Kolkata

Firms can have 50% of Indian staff in Oman

BIZ VISITORS PERMITTED TO STAY UPTO 90 DAYS

time to read

1 mins

December 19, 2025

Financial Express Kolkata

‘Bike taxis have huge headroom to grow’

Uber India's two-wheeler business is now its fastest-growing segment.

time to read

1 min

December 19, 2025

Financial Express Kolkata

ECB holds policy rates steady, turns positive on economy

Policymakers agreed there was no set date for any move. It was a unanimous view. With the degree of uncertainty we are facing, we simply cannot offer forward guidance

time to read

1 min

December 19, 2025

Financial Express Kolkata

Reliance buys majority stake in TN's Udhaiyam Agro Foods

RELIANCE INDUSTRIES' consumer products division has acquired a majority stake in Tamil-Nadu-based food company Udhaiyams Agro via a joint venture agreement, it said on Friday.

time to read

1 min

December 19, 2025

Financial Express Kolkata

Centre plans more sugar exports

Also mulls raising MSP

time to read

1 mins

December 19, 2025

Financial Express Kolkata

Securities market Bill in LS

UNDERTHE BILL, the strength of the Sebi board will increase from nine to 15 members. The Code also provides a framework for inter-regulatory coordina- tion, including for the listing of non-traditional securities, and introduces regulatory sand- boxes to facilitate innovation in financial products, contracts and services. In addition, Sebi will be mandated to follow a transparent and consultative process while issuing subordi- nate legislation, conduct peri- odic reviews of regulations, and carry out regulatory impact assessments.

time to read

2 mins

December 19, 2025

Financial Express Kolkata

Oman FTA to boost capital flow

TRADE EXPERTS SAID the significance of the deal is more than what the current trade suggests, as it would help strengthen New Delhi’s economic and geopolitical presence at the mouth of the Gulf.

time to read

2 mins

December 19, 2025

Financial Express Kolkata

New BP boss becomes Big Oil’s most powerful woman

MEG O'NEILL'S RAPID rise to the top of one of the world’s biggest fossil-fuel companies has been unencumbered by doubt.

time to read

1 mins

December 19, 2025

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