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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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VC firms to slash bonuses, moderate salary hikes as deal flow slows

Finance

10 April, 2023

VC firms to slash bonuses, moderate salary hikes as deal flow slows

Venture capital funds are resorting to hefty cuts in bonuses and may offer annual salary hikes of no more than ......

Fairfax-backed IIFL Finance rakes in $100 mn in debt funding

Finance

06 April, 2023

Fairfax-backed IIFL Finance rakes in $100 mn in debt funding

IIFL Finance Ltd, which counts Canadian billionaire Prem Watsa-led Fairfax as an investor, has secured $100 million in ......

Sensex, Nifty rise after RBI's rate hike pause, clock another weekly gain

Finance

06 April, 2023

Sensex, Nifty rise after RBI's rate hike pause, clock another weekly gain

Shares logged gains for a second consecutive week on Thursday, aided by real estate and financials stocks, after the ......

Foreigners sell Asian equities in March but India becomes top receiver

Finance

06 April, 2023

Foreigners sell Asian equities in March but India becomes top receiver

Foreigners were net sellers in emerging Asia ex-China equity markets in March, hit by a banking crisis in the West ......

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Kedaara crosses mid-way mark in deploying $1.1 bn India PE fund

Finance

06 April, 2023

Kedaara crosses mid-way mark in deploying $1.1 bn India PE fund

Kedaara Capital has deployed a bulk of the corpus that it raised for its latest private equity fund two years ......

Binny Bansal's fund leads $36 mn round in Curefoods

Finance

06 April, 2023

Binny Bansal's fund leads $36 mn round in Curefoods

Curefoods Pvt Ltd, which was floated by Cure.fit Co-founder Ankit Nagori, on Thursday said it has raised Rs 300 crore......

RBI sees FY24 inflation at 5.2%, says need to evaluate actions of previous hikes

Finance

06 April, 2023

RBI sees FY24 inflation at 5.2%, says need to evaluate actions of previous hikes

The Reserve Bank of India Governor Shaktikanta Das said that inflation for FY 2023-24 is projected at 5.2%. RBI ......

RBI holds key repo rate at 6.5%

Finance

06 April, 2023

RBI holds key repo rate at 6.5%

The Reserve Bank of India (RBI) surprised markets by holding its key repo rate steady on Thursday after six consecutive ......

India's corporate bond issuances may hit another record in FY24 on capex push

Finance

05 April, 2023

India's corporate bond issuances may hit another record in FY24 on capex push

A pick-up in capital expenditure by private as well as state-owned firms in the new financial year is expected to ......

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Exclusive: PE firm set to buy Sanlam's Continental Reinsurance biz after Allianz deal

Finance

05 April, 2023

Exclusive: PE firm set to buy Sanlam's Continental Reinsurance biz after Allianz deal

A private equity firm that had inked a couple of deals in 2021 only to go quiet last year is ......

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