Phoenix ARC CEO on pandemic's impact on NPAs and more; Wealth fund joins Baring Asia in Virtusa buyout; Goldman, Accel, Sachin Bansal make PE/VC bets; Stocks soar

[] [NewsCorp VCCircle]( [Monday, 09 November, 2020](#) [Unlock Premium]( [twitter]( [linkedin]( [facebook]( [you tube]( [Nifty, Sensex close at record high as Biden wins US election]( Markets [Nifty, Sensex close at record high as Biden wins US election]( Indian markets closed at a record high on Monday as Democrat Joe Biden's win in the U.S. election led to a weaker dollar, fuelling hopes for more... [Phoenix ARC expects activity to pick up in Jan-March: Chief exec] interview [Phoenix ARC expects activity to pick up in Jan-March: Chief exec]( [Sovereign wealth fund joins Baring PE Asia for $2-bn Virtusa buyout] Private Equity [Sovereign wealth fund joins Baring PE Asia for $2-bn Virtusa buyout]( [Accel bets on enterprise AI startup floated by former McKinsey partner] Venture Capital [Accel bets on enterprise AI startup floated by former McKinsey partner]( [TCS inks deal to acquire Deutsche Bank's IT unit] M&A [TCS inks deal to acquire Deutsche Bank's IT unit]( People [J Sagar Associates hires L&L partner for corporate practice]( Markets [Fosun-controlled Gland Pharma's IPO gets off to slow start]( Venture Capital [GVFL invests pre-Series A money in SaaS-based client lifecycle manager]( people [UBS names new country head for India in top management reshuffle]( Venture Capital [Venture Catalysts bets on employee service desk platform Rezolve.ai]( FINANCE [SoftBank Vision Fund back to black but some tech bets sting]( FINANCE [RBI lifts restrictions on Equitas Small Finance Bank after IPO]( Venture Capital [Sachin Bansal leads Series D funding in Ather Energy]( Venture Capital [Wellness Forever snags fresh funding from Allana Group, Adar Poonawalla]( Venture Capital [Biotech startup Shilps Sciences bags pre-Series A funding]( markets [GIC, hedge funds among anchor investors in Gland Pharma IPO]( Venture Capital [Nexus leads seed funding in sales productivity startup Nektar.ai]( Private Equity [Biocon Biologics gets third PE cheque this year as Goldman bets $150 mn]( M&A [Future Retail challenges Amazon in court over Reliance deal]( GENERAL [Global coronavirus cases exceed 50 mn after 30-day spike]( [» MORE HEADLINES]( [vccircle]( Tel: +91- 011-49711180, +91- 011-68132900, Email: subscription@vccircle.com [twitter]( [linkedin]( [facebook]( [you tube]( Mosaic Media Ventures Pvt. Ltd., 17, Okhla Industrial Estate, Phase III, Delhi, 110020 India [SafeUnsubscribe™ {EMAIL}]( [Forward email]( | [About our service provider]( Sent by newsletter@vccircle.net powered by [Constant Contact]( [Try email marketing for free today!](