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Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

Ascent Capital to raise up to $400 mn in new private equity fund

Finance

31 March, 2017

Ascent Capital to raise up to $400 mn in new private equity fund

Ascent Capital is looking to raise a new fund worth Rs 2,275-2,600 crore ($350-400 million) after its management team ......

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Sudhir Valia's Fortune Financial eyes private equity biz

Finance

30 March, 2017

Sudhir Valia's Fortune Financial eyes private equity biz

Sudhir Valia-promoted Fortune Financial Services India Ltd is looking to raise a sector-focused private equity fund to diversify its business ......

Kotak Mahindra Bank to raise $825 mn for M&As, biz expansion

Finance

30 March, 2017

Kotak Mahindra Bank to raise $825 mn for M&As, biz expansion

Kotak Mahindra Bank, India’s fourth-largest private-sector lender, plans to sell shares worth as much as $825 million (Rs 5,350 crore) ......

Financial stocks push Sensex higher on GST hopes

Finance

30 March, 2017

Financial stocks push Sensex higher on GST hopes

Indian shares rose in thin trade on Thursday after the country moved a step closer to implementing a nationwide goods ......

Ontario Teachers' Pension Plan reports lower rate of return in 2016

Finance

30 March, 2017

Ontario Teachers' Pension Plan reports lower rate of return in 2016

The Ontario Teachers' Pension Plan's rate of return dropped to 4.2 percent last year from 13 percent in 2015, the ......

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M Power mobilises fresh capital from IndiaNivesh

Finance

30 March, 2017

M Power mobilises fresh capital from IndiaNivesh

Non-banking finance company M Power Micro Finance Pvt Ltd has raised Rs 18 crore in equity capital in a deal ......

IFC to make $20 mn debt investment in RGVN North East Microfinance

Finance

30 March, 2017

IFC to make $20 mn debt investment in RGVN North East Microfinance

International Finance Corporation has proposed to make a debt investment of up to $20 million (about 130 crore) in Guwahati, ......

Cyril Amarchand Mangaldas elevates 21 lawyers as partners

Finance

29 March, 2017

Cyril Amarchand Mangaldas elevates 21 lawyers as partners

Cyril Shroff-led law firm Cyril Amarchand Mangaldas has elevated 21 lawyers as partners, it said in a statement.With this, it ......

Avendus Capital hires Akash Hariani to grow multi-family office biz

Finance

29 March, 2017

Avendus Capital hires Akash Hariani to grow multi-family office biz

Avendus Capital has hired former Kotak Mahindra Bank executive Akash Hariani as an executive director of subsidiary Avendus Wealth Management ......

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How Singapore emerged as the arbitration hub for Indian firms

Finance

29 March, 2017

How Singapore emerged as the arbitration hub for Indian firms

When Daiichi Sankyo Co Ltd accused brothers Malvinder and Shivinder Mohan Singh of concealing facts during the sale of Ranbaxy ......

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