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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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Cedar-IBSi Capital floats fintech VC fund for India, GCC and other markets

Finance

22 March, 2023

Cedar-IBSi Capital floats fintech VC fund for India, GCC and other markets

Management consulting firm Cedar Consulting and fintech market intelligence platform IBS Intelligence have teamed up to ......

Sensex, Nifty continue uptick for second consecutive session

Finance

22 March, 2023

Sensex, Nifty continue uptick for second consecutive session

Shares advanced for a second straight session on Wednesday as concerns over a banking crisis receded further, while ......

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Elevation Capital to expand focus on fintech space, financialisation of savings

Finance

22 March, 2023

Elevation Capital to expand focus on fintech space, financialisation of savings

Early-stage to growth-equity investment firm Elevation Capital, backer of the likes of Paytm, Swiggy, Acko, ShareChat ......

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M&M seeks up to $1.3 bn capital raise for EV arm

Finance

22 March, 2023

M&M seeks up to $1.3 bn capital raise for EV arm

Mahindra & Mahindra Ltd is in advanced talks with global investors to raise $1-1.3 billion by selling shares in its ......

Distressed debt funds, hedge funds eye opportunities in Credit Suisse AT1 bonds

Finance

22 March, 2023

Distressed debt funds, hedge funds eye opportunities in Credit Suisse AT1 bonds

Distressed debt investors and large hedge funds are buying up Credit Suisse additional tier-1 bonds at rock-bottom ......

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Amicus Capital set to collect big LP cheque for second fund

Finance

21 March, 2023

Amicus Capital set to collect big LP cheque for second fund

Mid-market private equity firm Amicus Capital is set to receive a big cheque from a marquee limited partner for its ......

Markets rise as financial stocks commence recovery from recent global banking crises

Finance

21 March, 2023

Markets rise as financial stocks commence recovery from recent global banking crises

Shares closed higher on Tuesday, as financials stocks rallied following a raft of measures to stabilise the global ......

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CPPIB builds over $200-mn stake in Indian financial services company

Finance

21 March, 2023

CPPIB builds over $200-mn stake in Indian financial services company

Canada Pension Plan Investment Board (CPPIB) has increased its ownership interest in a financial services company in ......

How resilient are Indian lenders amid a global banking turmoil?

Finance

20 March, 2023

How resilient are Indian lenders amid a global banking turmoil?

Turbulence in the United States and the European banking sectors has prompted Indian policymakers to assure investors ......

Supreme Court asks SEBI to refund $36 mn to NSE

Finance

20 March, 2023

Supreme Court asks SEBI to refund $36 mn to NSE

India's Supreme Court on Monday directed the market regulator to refund 3 billion rupees ($36.3 million) to the ......

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