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Finance

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

Reliance spin-off Jio Financial valued at $20 bn, above estimates

Finance

20 July, 2023

Reliance spin-off Jio Financial valued at $20 bn, above estimates

Jio Financial Services (JFS) has been valued at around $20 billion after its stock price was set at a much ......

Explainer: All you need to know about Reliance-Jio Financial demerger

Finance

20 July, 2023

Explainer: All you need to know about Reliance-Jio Financial demerger

Billionaire Mukesh Ambani's Reliance Industries, India's most valuable company, will demerge its financial ......

Warburg Pincus names Asia real estate chief Perlman as president

Finance

20 July, 2023

Warburg Pincus names Asia real estate chief Perlman as president

Private equity firm Warburg Pincus on Wednesday named its Asia head of real estate Jeffrey Perlman as successor to ......

PE major Bain raises $1.15 bn for maiden insurance-focussed fund

Finance

19 July, 2023

PE major Bain raises $1.15 bn for maiden insurance-focussed fund

Bain Capital has raised $1.15 billion for its first fund dedicated to investing in the insurance industry, as the ......

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IFC lifting exposure to Indian bank to nearly $250 mn in one of its largest equity bets

Finance

19 July, 2023

IFC lifting exposure to Indian bank to nearly $250 mn in one of its largest equity bets

International Finance Corporation (IFC), the World Bank Group’s private-sector investment arm, is increasing its ......

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Former CDPQ executives' sustainability-focused fund gets key LP

Finance

19 July, 2023

Former CDPQ executives' sustainability-focused fund gets key LP

Anita George and Harsh Singhal, former executives at Canadian pension fund CDPQ who joined hands with Wipro veteran ......

Goldman Sachs CEO's growth strategy gets traction with board

Finance

19 July, 2023

Goldman Sachs CEO's growth strategy gets traction with board

Goldman Sachs' board supports CEO David Solomon's focus on its core Wall Street businesses and asset management......

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Centrum hires Barclays veteran to lead wealth management business

Finance

18 July, 2023

Centrum hires Barclays veteran to lead wealth management business

Centrum Group, a diversified financial services firm, has appointed a banking industry veteran as the managing director ......

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IIFL Home Finance secures debt funding from offshore investor

Finance

17 July, 2023

IIFL Home Finance secures debt funding from offshore investor

Abu Dhabi Investment Authority-backed IIFL Home Finance Ltd, a wholly-owned subsidiary of IIFL Finance, has secured debt......

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How ITC's LP portfolio value shot up last year

Finance

14 July, 2023

How ITC's LP portfolio value shot up last year

FMCG giant ITC, which has made a bunch of investments in both startups and venture capital funds alike, is now ......

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