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

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Spotlight: Can Lendingkart turn around with Temasek's Fullerton at the helm?

Finance

06 November, 2024

Spotlight: Can Lendingkart turn around with Temasek's Fullerton at the helm?

In March this year, Fullerton Financial Holdings sold its remaining stake in an Indian non-bank lender that it ......

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Sundaram Alternates sets sight on second performing credit fund's first close

Finance

06 November, 2024

Sundaram Alternates sets sight on second performing credit fund's first close

Chennai-based alternative investment firm Sundaram Alternates is looking to mark the first close of its second corporate credit fund ......

Apollo Global's third-quarter profit rises 12%, beating estimates

Finance

06 November, 2024

Apollo Global's third-quarter profit rises 12%, beating estimates

Apollo Global Management beat Wall Street estimates on Tuesday with a 12% rise in third-quarter profit as it gathered ......

Govt plans to merge regional rural banks to help them shore up capital

Finance

06 November, 2024

Govt plans to merge regional rural banks to help them shore up capital

The Indian government has proposed merging regional rural banks to reduce their number to 28 from 43, which could help ......

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How Xponentia, two offshore VCs gain as Easy Home Finance gets new backers

Finance

05 November, 2024

How Xponentia, two offshore VCs gain as Easy Home Finance gets new backers

Indian mid-market private equity firm Xponentia Capital Partners and two international venture capital firms are sitting......

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Ruya Partners aims final close of $250 mn private credit fund by December-end

Finance

05 November, 2024

Ruya Partners aims final close of $250 mn private credit fund by December-end

Ruya Partners, the Gulf region’s first partner-owned private credit firm based in Abu Dhabi, is eyeing a final close ......

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Canadian pension fund OTPP elevates India exec for venture growth bets

Finance

05 November, 2024

Canadian pension fund OTPP elevates India exec for venture growth bets

Canadian pension fund Ontario Teachers’ Pension Plan (OTPP) has elevated an India executive to a senior position in ......

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True North to score spectacular returns from financial services bet

Finance

04 November, 2024

True North to score spectacular returns from financial services bet

Homegrown private equity firm True North has managed to strike the right notes with a financial services company that it......

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Former execs of WaterBridge, Deutsche Bank, Lazard float micro VC firm

Finance

04 November, 2024

Former execs of WaterBridge, Deutsche Bank, Lazard float micro VC firm

Former executives of financial advisory and asset management firm Lazard India, homegrown venture capital WaterBridge ......

Rupee touches all-time low on equity outflows, US polls in focus

Finance

04 November, 2024

Rupee touches all-time low on equity outflows, US polls in focus

The Indian rupee touched its weakest level on record on Monday, as persistent outflows from local stocks blunted the ......

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